Simpson Thacher represented CVC Credit, Crescent Capital and Bridgepoint Credit as senior secured lenders, in connection with the acquisition of Vitaly Group by H.I.G. Capital through its portfolio company Avanta Salud.
CVC Credit, the dedicated credit arm of global private markets manager CVC, manages approximately €52 billion in assets; Crescent Capital is a global alternative investment manager singularly focused on corporate credit with $50 billion in assets under management; and Bridgepoint Credit is one of the most experienced credit managers in the European middle market and is part of the Bridgepoint Group platform, which manages $98 billion of assets under management across private equity, infrastructure, credit, secondaries and private wealth.
H.I.G. Capital is a leading global alternative investment firm with $74 billion of capital under management.
Avanta, headquartered in Valencia, Spain, is a leading occupational health and safety (OHS) services provider, offering both highly regulated mandatory and elective services to more than 100,000 clients, covering more than 1 million employees through a network of over 250 medical centres and mobile units. The Vitaly Group is one of the leading occupational health and safety services providers in Iberia. The acquisition further strengthens Avanta Salud's position as a premier occupational health and safety platform in Spain and the broader Iberian market.
The Simpson Thacher team included Hadrien Servais, Jacob Durkin and Eline Souffriau (Credit).