Greenberg Traurig represents Avance Investment Management in Sale of Majority Ownership in UniVista

FORT LAUDERDALE - Jan. 15, 2025 - 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.

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 48 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2024 BTI "Leading Edge Law Firm" for delivering on client expectations for the future and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA's Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.