ARCANO and BAIRD have acted as financial advisors to the shareholders of Vítaly Group, majority owned by Artá Capital and Corpfin Capital, on its sale to H.I.G. Capital, majority shareholder of Avanta Salud, creating a leading occupational health and safety services provider in Iberia.
Transaction Rationale
- The transaction brings together two highly complementary businesses in occupational risk prevention, occupational medicine, training and elective healthcare services across Spain.
- The integration strengthens the platform’s positioning for further international expansion, leveraging Vítaly’s advanced AI capabilities across occupational health, digital services and operational workflows.
- The transaction represents a significant step in the ongoing consolidation of the occupational health and safety services sector in Iberia, and is subject to obtaining the relevant regulatory approvals and the fulfilment of customary closing conditions.
- Vítaly Group is one of Spain’s leading occupational health and safety services providers, offering a comprehensive suite of services including occupational risk prevention, occupational medicine, healthcare surveillance, training and digital health solutions. The company was created through the combination of Preving and Cualtis and has developed advanced AI-driven capabilities embedded across operational workflows and healthcare services.
- Avanta Salud is a leading Spanish provider of occupational health and safety services, offering occupational medicine, technical prevention, training and preventive healthcare services to SMEs and corporates across Spain.
- Artá Capital is an independent private equity firm focused on the Iberian mid-market. Since its foundation in 2008, the firm has invested more than €1 billion across 24 companies and completed over 60 add-on acquisitions, supporting expansion, internationalization and sector consolidation strategies.
- Corpfin Capital was founded in 1990, and is the longest-standing private equity firm in Iberia. The firm has raised six institutional funds with aggregate commitments exceeding €1.2 billion and has supported more than 50 companies across multiple sectors, completing over 80 add-on acquisitions through its portfolio companies.
- H.I.G. Capital is one of the world’s leading alternative investment firms, with approximately $74 billion of assets under management and a presence across Europe, North America and Latin America. The firm specializes in growth investments and strategic acquisition financing for mid-sized and large companies, with extensive experience in buy-and-build strategies and international expansion.
ARCANO and BAIRD maintain an exclusive alliance that combines local execution capabilities in Iberia with global sector advisory expertise, enabling them to deliver a differentiated service to leading companies.
