HIG Capital to Acquire Spain’s Avanta Salud in Occupational Healthcare Expansion
H.I.G. Capital has signed a definitive agreement to acquire a majority stake in Avanta Salud Integral, one of Spain’s largest providers of occupational health and safety services. The deal extends the firm’s European healthcare footprint into a regulated, resilient market where workplace compliance is increasingly critical.
A Market Leader in Workplace Health
Headquartered in Valencia, Avanta serves more than one million employees across Spain through a network of 250 medical centers and mobile units. Its services include mandatory health surveillance and compliance consulting required by EU and Spanish law, along with elective offerings such as mental health support and absenteeism management.
“Our commitment to delivering the highest-quality services has been key to bringing us to where we are today,” said Josep Pla, president and founder of Avanta. Pla will reinvest alongside H.I.G. and continue leading the company.
Building on European Momentum
The investment follows H.I.G.’s successful exit from EYSA Group, where the firm doubled EBITDA and expanded the Spanish mobility operator into a global platform. It also comes on the heels of the acquisition of Finland’s Fluo Group, which positions H.I.G. to capitalize on the Nordic region’s shift toward circular economy recycling models.
Rohin Jain, Managing Director at H.I.G. Capital Middle Market Europe, said Avanta combines “scale, quality, and mission-critical services that support both regulatory compliance and workforce productivity.”
Expanding Capabilities Beyond Healthcare
Alongside its healthcare push, H.I.G. recently closed the $5.9 billion WhiteHorse Middle Market Lending Fund IV, the largest in the division’s history, and launched a GP Solutions Platform targeting continuation vehicles and GP-led transactions.
Founded in 1993, H.I.G. Capital manages $70 billion across multiple strategies and operates from 19 global offices. With Avanta, the firm adds a resilient European healthcare platform to its portfolio, reflecting a strategy built on both sector diversification and long-term value creation.