InforCapital
M&A Transaction

H.I.G. Capital Acquires Majority Stake in Avanta Salud - InforCapital

H.I.G. Capital takes a majority stake in Spain’s Avanta Salud, targeting growth in occupational health across Europe.

AM
Alvaro de la Maza

Partner at Aninver

Key Takeaways

  • Sector: Healthcare Healthtech & Medtech, Social Infrastructure.
  • Geography: Spain.

Analysis

London, August 21, 2025HIG Capital, a leading global investment firm managing $70 billion in assets, has acquired a majority stake in Avanta Salud Integral, a major occupational health services provider headquartered in Valencia, Spain. The deal underscores a growing wave of private equity activity in the European healthcare sector.

Avanta, founded by Josep Pla, serves more than 1 million employees through a network of over 250 medical centers and mobile units, delivering both mandatory occupational health services and elective wellness programs to more than 100,000 clients across Spain. The company’s leadership team will remain in place, ensuring continuity as it scales its operations under HIG’s backing.

HIG’s investment is aimed at driving European expansion, particularly into regions like Portugal, Italy, France, and Central Europe, where demand for integrated workplace health solutions is increasing. The firm also plans to enhance Avanta’s tech-enabled service offerings to improve scalability and responsiveness to evolving employer needs.

Avanta’s services include health surveillance, technical risk prevention, compliance consulting, and elective offerings such as mental health support, on-site medical staff, and employee well-being programs. These services are becoming essential for employers navigating regulatory demands and seeking to reduce absenteeism while improving productivity.

This acquisition is part of a broader trend. In July 2025, Nordic Capital took a controlling interest in SantéDiag, a diagnostics and occupational health firm in France, targeting growth in pre-employment health screenings. Earlier this year, Cinven led a €600 million acquisition of MedPrev GmbH, one of Germany’s largest workplace medical services providers. Meanwhile, IK Partners announced a strategic investment in SalusWell, a Milan-based provider of mobile occupational health clinics serving logistics and manufacturing sectors in Northern Italy.

These transactions reflect an increasing private equity appetite for resilient, regulation-driven healthcare models across Europe. With governments tightening workplace safety rules and employers seeking to differentiate through health-focused HR strategies, providers like Avanta are positioned for rapid growth.

HIG Capital, founded in 1993 and headquartered in Miami, operates across North America, Europe, Latin America, Asia, and the Middle East. The firm has invested in more than 400 companies worldwide and currently manages over 100 portfolio companies with combined revenues exceeding $53 billion.

The acquisition of Avanta reinforces HIG’s commitment to scaling healthcare and business services platforms and tapping into long-term value creation across regulated industries in Europe.