Source: Coverager

With this investment from GRAM ABF, UniVista plans to accelerate the growth of its core product areas and expand its platform into new products. The company will also expand its footprint through corporate store and franchise expansion in Florida, Texas, and across the US. UniVista will continue to be led by Founder & CEO, Iván Herrera, and its current management team.

“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, Founder & CEO of UniVista.

“Since launching GRAM ABF less than a year ago, we could not be more excited to partner with the founders and management team of UniVista in our inaugural investment. We have developed a strong fit and alignment with the UniVista team and look forward to driving value for the business in this next chapter.” – Eduardo Ramos, Managing Partner of GRAM’s Americas Buyout Fund.

“Essential services businesses in the middle-market are a key focus for GRAM ABF. UniVista fits our thesis perfectly and we aim to capitalize on the tailwinds that are supporting the Company’s growth trajectory.” – Marco Peschiera, CEO and CIO of GRAM.

Read the full article: https://www.coverager.com/gram-invests-in-univista/