Avance completed the investment in UniVista Insurance.

Avance Investment Management, a private equity firm that invests in growing middle-market services and consumer businesses, completed the investment in UniVista Insurance, an independent, family-owned and operated franchisor of insurance-related products and services. Financial terms were not disclosed. "UniVista is a proven insurance platform, with a targeted customer base in Florida that is gaining significant market share. The company has a strong management team, highly scalable business model and track record of executing a pipeline of growth initiatives. With Avance's experience guiding companies through transformative growth utilizing our deep network and collaborative approach, we have strong conviction in our ability to partner with the management team and help grow UniVista into a national leader reaching the Hispanic market outside of Florida," Luis Zaldivar, Avance Co-Founder.