Grupo Preving, backed by the private equity firm Corpfin Capital, has acquired Previmac, the prevention company of Mutua Canaria. The acquisition is part of the company’s build-up and growth strategy in Spain. estrategia de build up y crecimiento de la compañía en España.

Transaction data:

– Sector: Other services
– Business description: Previmac. Its main activity is the development and implementation of prevention plans, as well as ensuring the training of employees of the protected company. It has around 4,000 clients and generates approximately €3.4 million in annual revenue. Preving: Founded in 1998 and headquartered in Badajoz, it specialises in providing health, occupational safety and risk prevention services. It has 56 branches and 26 mobile units in Spain. With this transaction, Preving strengthens its presence in the Canary Islands. It generates €42 million in annual revenue.
– Location: Previmac (Canary Islands) / Preving (Badajoz)
– Employees: Previmac (84 employees) / Preving (>800 employees)

Download the report The time of divestments in Private Equity in Spain. 2015, with the key insights of the extraordinary divestment activity experienced in Spain in 2014 and 2015, interviews, lists of investors, 377 news items and a divestment rating for the period 2006–2014.