Afya Limited Acquires Faculdade Única de Contagem (FUNIC)

Afya Limited Acquires Unidom Participações S.A. (Unidompedro and Faculdade Dom Luiz)

July 1, 2024

Education

Afya Limited has closed the acquisition of 100% of Unidom Participações S.A., which includes Unidompedro and Faculdade Dom Luiz, expanding Afya's footprint in Bahia, Brazil. The deal adds 300 operational medical school seats and carries an aggregate purchase price of R$660.0 million (cash and installment payments tied to seat authorizations).

Afya Limited Acquires Além da Medicina

March 4, 2022

Education

Afya Limited, through its wholly-owned subsidiary Afya Participações S.A., has completed the acquisition of 100% of Além da Medicina for an enterprise value of R$16.0 million paid in cash, with an additional earn-out of up to R$19.2 million tied to revenue targets for 2023–2024. Além da Medicina is a Brazilian online medical content and education platform serving physicians and medical students (more than 4,000 subscribers in 2021) and the deal is intended to strengthen Afya's digital content and medical education capabilities.

Afya Limited Acquires CardioPapers

April 5, 2022

Education

Afya Limited, through its subsidiary Afya Participações S.A., acquired 100% of CardioPapers, a Brazilian cardiology-focused medical education platform, for an enterprise value of R$35.0 million in cash plus an earn-out of up to R$15 million. The acquisition adds cardiology content and digital education capabilities to Afya's medical education ecosystem; CardioPapers reported ~7,000 students in 2021 and expected R$18.8 million gross revenue for 2022.

Afya Limited Acquires Glic

May 23, 2022

Healthcare Services

Afya Limited, through its subsidiary Afya Participações S.A., acquired 100% of Glic, a Brazil-based diabetes care and management app. The purchase (enterprise value R$22 million plus up to R$12 million in earn-outs) expands Afya’s digital services into the physician–patient relationship pillar and strengthens its healthtech ecosystem.

Funecap Groupe Acquires Facultatieve Group

January 9, 2023

Healthcare Services

Charterhouse-backed Funecap Groupe has acquired Facultatieve Group, including its UK subsidiary Facultatieve Technologies Limited. The deal expands Funecap's crematoria management and equipment capabilities across Europe (strengthening positions in the Netherlands, Germany, Switzerland and the UK) and bolsters its leadership in crematoria equipment and maintenance; Facultatieve's management will remain as significant shareholders.

Functionalab Group Merges with FYi Medical Aesthetics; L Catterton and L'Oréal Back Transaction

January 4, 2023

Healthcare Services

FYihealth Group has completed a merger of its Medical Aesthetics division with Functionalab Group; the combined business will operate under the Functionalab Group name as the largest premium aesthetic medicine network in Canada across 68 clinics. The transaction is supported by investors and strategic partners L Catterton and L'Oréal, positioning the merged company for scale and expanded consumer-facing aesthetic services nationwide.