William Blair acted as the exclusive financial advisor to GRAM's Americas Buyout Fund (GRAM ABF), the private equity division of GRAM, in connection with its majority investment in UniVista Insurance (UniVista), a leading distributor of insurance products and services to Hispanic communities in Florida and Texas. As part of the transaction, UniVista's management, employees, and current capital partner, Avance Investment Management (Avance), will continue to retain meaningful stakes in the Company. The transaction closed on January 10, 2025.

About the Companies

GRAM's Americas Buyout Fund, the Private Equity division of GRAM, leverages the team's extensive experience to identify, source and grow middle-market businesses with a focus on essential services & consumer businesses within the U.S. Hispanic ecosystem. The team, previously Carlyle's investment team for the Americas, maintains access to the Carlyle network and global industry experts. GRAM is also supported by Grupo Romero, a conglomerate established in 1893 and among the largest and most important economic groups in Latin America. Grupo Romero controls 13 public and private businesses spanning industries.

UniVista Insurance is a leading insurance distribution platform primarily serving Hispanic communities. Since 2009, UniVista has provided a full suite of auto, home, commercial, life and health insurance products from third-party insurance carriers and its in-house managing general agent, Loyalty Underwriter. UniVista operates 15 corporate stores and over 200 franchises across Florida and Texas, and was ranked the 28th largest P&C insurance agency in the United States by Insurance Journal.

Avance is a private equity firm with a passion for building great businesses in partnership with talented management teams. Avance focuses primarily on thematic investments within the services, technology and consumer areas in the U.S., seeking attractive opportunities with catalysts for growth and fragmented spaces with consolidation opportunities. Avance's team has a long history of partnering with founder-owned businesses, industry executives, and management teams and aims to add value to each investment.

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