#USA #H.I.G. Capital #Miami #healthcare services #Avanta Salud

H.I.G. Capital's Strategic Investment in Avanta Salud

In a significant move for the occupational health sector, H.I.G. Capital, a prominent global alternative investment firm managing $70 billion in capital, has announced a strategic investment in Avanta Salud Integral. This acquisition marks a pivotal moment as H.I.G. intends to take a majority stake in the well-established Spanish company that has made significant strides in occupational health and safety services.

Headquartered in Valencia, Spain, Avanta Salud has become a leading provider in the occupational health landscape, serving over 100,000 clients and catering to more than one million employees. This formidable network includes over 250 medical centers and mobile units, ensuring comprehensive health and safety solutions across various industries.

The acquisition agreement underscores the ongoing commitment of Avanta's founder, Josep Pla, and minority investor MCH Private Equity, who will also reinvest in the company, maintaining a minority ownership stake. Their continued involvement signals a strong belief in Avanta’s growth trajectory and future potential under H.I.G.'s stewardship.

Josep Pla expressed pride in Avanta's achievements, highlighting the company’s dedication to employee health and safety. By integrating H.I.G.'s extensive healthcare and business services expertise, Pla anticipates even greater success. He stated, "Our commitment to delivering the highest-quality services has been key to bringing us to where we are today. Together, we aim to become the leading workplace health platform in Europe."

Rohin Jain, Managing Director at H.I.G. Middle Market Europe, echoes these sentiments. He commended Avanta’s robust platform, which blends scale, quality, and exemplary integration capabilities within a regulated sector. H.I.G. is poised to leverage its vast network to enhance Avanta's services, showcasing the company's strategic importance in improving employee health and productivity for over a million workers.

About Avanta Salud

Avanta Salud is dedicated to providing top-tier occupational health services that encompass mandatory statutory requirements, such as health surveillance, technical prevention methods, and risk assessments. Their legally mandated offerings form a crucial component of compliance for diverse employers, ranging from industrial hubs to corporate offices, under both Spanish and EU regulations.

Notably, Avanta also offers elective healthcare services, including mental health support, absentee management, and in-company medical services. These services cater to a growing market of employers seeking ways to foster employee well-being, reduce absenteeism, and enhance overall workplace productivity amidst competitive labor dynamics.

H.I.G. Capital: A Leader in Alternative Investments

H.I.G. Capital has cemented its reputation as a leading player in the global alternative investment sphere, specializing in both debt and equity financing for middle-market companies. With offices across key global cities, including Miami, London, and Hamburg, H.I.G. brings a flexible, operationally focused approach to its investments, creating value in industries ranging from manufacturing to healthcare.

Since its inception in 1993, the firm has successfully invested in over 400 companies worldwide, accumulating a diverse portfolio that presently includes more than 100 businesses with a combined revenue exceeding $53 billion. This strategic investment in Avanta Salud solidifies H.I.G.'s commitment to expanding its influence in the healthcare sector, paving the way for innovative solutions and enhanced service offerings in occupational health across Europe.

As H.I.G. Capital embarks on this promising venture with Avanta Salud, the partnership is set to redefine the standards of workplace health services, ensuring a healthier, more productive future for the workforce in Europe and beyond.