Announced

Completed

GRAM ABF completed the majority investment in UniVista Insurance.

Synopsis

GRAM ABF, the private equity division of GRAM, completed the majority investment in UniVista Insurance, distributor of insurance products and services. Financial terms were not disclosed. “We are excited to embark on our next phase of growth with the GRAM ABF team. I am incredibly proud of the business that we as a team have built on the principles of honesty, integrity and teamwork. GRAM ABF’s investment is a testament to the unique business we have built. Our commitment to serving Hispanic communities aligns perfectly with GRAM ABF’s mission of investing in the Hispanic market,” Iván Herrera, UniVista Founder & CEO.

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