Afya completed the acquisition of Sociedade Educacional e Cultural Sergipe DelRey for $156m.

Afya, an operator of a medical education group in Brazil, completed the acquisition of Sociedade Educacional e Cultural Sergipe DelRey, an operator of educational facilities, for $156m. “We are very excited and honored to announce the acquisition of premium selected assets from UNIT, which will reinforce our presence in the Northeast region of Brazil and mark our entrance into the state of Alagoas through one of the most respected and best academic quality institutions. This acquisition is a milestone for Afya, representing the largest acquisition in our history. Considering the 340 medical seats from UNIT, we have reached 3k seats and reinforced our leadership position in medical education,” Virgilio Gibbon, Afya CEO.