H.I.G. Capital backs Avanta Salud in push to build Europe’s top workplace health platform
H.I.G. Capital backs Avanta Salud in push to build Europe’s top workplace health platform
The transaction sees founder Josep Pla and minority investor MCH Private Equity reinvest for a minority interest, underscoring their commitment to Avanta’s next phase of growth.
Based in Valencia, Avanta serves more than 100,000 clients and covers over 1m employees through a network of more than 250 medical centres and mobile units. The company delivers both mandatory workplace health services, such as compliance, health surveillance, and risk engineering, and elective offerings including mental health support, absenteeism management, and in-company medical services.
Avanta’s management team will continue to lead the business, with H.I.G. providing strategic and financial support to accelerate regional expansion and elective service growth.
“We are incredibly proud of what we have built at Avanta, a family of almost 2,500 outstanding professionals, trusted by thousands of businesses to keep their employees safe, healthy, and supported,” said Josep Pla, President and Founder. “Looking ahead, H.I.G.’s deep healthcare and business services expertise, combined with its pan-European presence, makes it the ideal partner for our next chapter.”
Rohin Jain, Managing Director at H.I.G. Middle Market Europe, added: “Josep and his team have built a best-in-class platform in Avanta — combining scale, quality, and exceptional integration capabilities in a highly resilient and regulated sector. The business delivers mission-critical services to employers while improving the health and productivity of over a million workers. We are thrilled to partner with the management team to broaden Avanta’s regional coverage and elective service capabilities, addressing evolving workforce health needs while scaling the business across Europe.”
H.I.G. manages $70bn of capital and has a portfolio of more than 100 companies worldwide with combined sales exceeding $53bn.
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