HIG Capital acquires majority stake in Vítaly: advisors
US private equity firm HIG Capital has reached an agreement to acquire Spanish occupational risk prevention group Vitaly, with the aim of integrating it into Avanta, a Spanish company in the same sector. Vitaly is backed by funds from Artá Capital and Corpfin. Alongside the buyers, Cuatrecasas, EY Abogados, and Paul Weiss acted as legal advisors. Deloitte Legal and Garrigues advised the sellers.
This move marks the creation of one of the largest occupational health and risk prevention services groups in Spain, with a strong position to lead the sector at the European level. The integration will accelerate Vítaly’s growth, enhance its technological capabilities, and expand its value proposition in the fields of safety, health, and workplace well-being.
Advisors
On Cuatrecasas’ side, the advice was led by corporate partner Javier Villasante, alongside lawyers Ana Laso, Julián Ruan and Pablo del Moral, with the collaboration of partner Antonio Barba and lawyer Paula Benéitez from tax; partner Juan Bonilla and lawyer Jaime Pavía from labour; partner Miguel Cruz and lawyer María Granero from finance; and partner Enrique Carrera from antitrust, EU law and FDI.
EY Abogados’ team handled the tax advice, led by partner Araceli Sáenz de Navarrete.
The Deloitte Legal team consisted of Luis Collado Moreno (partner), Marina Silva Sabell (counsel), Tania Cortadellas Clotet (senior associate), and Natalia Velez Bruzos (associate) on the Legal side; Pablo Esteban Arce (partner) and Pedro Garcia-Ferriol (senior associate) on the Tax side; and Covadonga Roldán Moralejo (partner), Beatriz Prieto Panadero (counsel), and Lucía Hernández (associate) on the Employment side.
On the Transaction Services side, participants included Mario Ortega Gutiérrez (partner), Fernando Gómez Valero (director), and Manuel Míguez Rodríguez (manager); and on Strategy, Iñigo Zayas Pinedo (partner), in coordinated advice aligned with the End-to-End M&A strategy that underpins the differential value Deloitte offers.
Garrigues’ team was composed of partners Jaime Bragado (corporate), Ramón Tejada (tax), Susana Cabrera (competition), Marcos Botella (corporate), Oriol Armengol (competition); principal associate Beatriz Moroy (tax), senior associates María Estévez (corporate), Álvaro Díaz (corporate), and associates Natalia Serrano (corporate), and Pablo Navarro (corporate).
