Global law firm Greenberg Traurig, LLP represented Avance Investment Management (Avance) in the sale of its majority ownership interest in UniVista Insurance (UniVista).
UniVista, a noted provider of insurance products and services to Hispanic communities in Florida and Texas, announced Jan. 13 that it has secured a majority investment from entities associated with GRAM's Americas Buyout Fund, the private equity arm of GRAM. As a result of this transaction, UniVista’s management, employees, and existing capital partner, Avance, will continue to hold significant ownership interests in the company.
Avance is a private equity firm concentrating mainly on thematic investments within the services, technology, and consumer areas in the United States.
The Greenberg Traurig team that represented Avance was Shareholders Bruce March, Travis Walker, Fred Karlinsky, and David Oppenheim, and Of Counsel Christian Brito.
Original source can be found here.