H.I.G. Capital, a global alternative investment firm with $70 billion in assets under management, has announced that one of its affiliates has successfully finalized the sale of EYSA Group to Tikehau Investment Management SAS, a global alternative asset manager. The management team at EYSA will continue to lead the company, ensuring its ongoing growth and innovation.
Headquartered in the vibrant city of Madrid, Spain, EYSA has established itself as a leader in providing smart and sustainable mobility solutions. With an expanding international footprint that spans over 30 countries, the company is on a transformative journey.
Since H.I.G. Infrastructure made its investment in May 2022, it has closely partnered with EYSA’s management to spearhead a variety of strategic initiatives. These initiatives have effectively repositioned EYSA from a traditional Spanish parking operator into a dynamic and fast-growing international smart mobility platform. This evolution has resulted in significant enhancements to its operational infrastructure, the introduction of innovative sustainability-focused and AI-enabled services, and a successful expansion into new global markets through five strategic add-on acquisitions.
Throughout H.I.G.’s tenure, EYSA experienced remarkable growth, more than doubling its EBITDA and solidifying its status as an integrated provider of diverse mobility solutions. The company plans to utilize the growing momentum and substantial investments aimed at advancing smarter and more sustainable mobility infrastructure worldwide. As the demand for innovative mobility solutions continues to rise, EYSA is well-prepared to be at the forefront of this exciting evolution in transportation.
KEY QUOTES:
“The EYSA team has done an outstanding job transforming the Company from a single-market operator to a global platform and leader in the sustainable mobility solutions space, as demonstrated by the very attractive investment returns this exit has generated. The company is well-positioned to take advantage of future growth opportunities, and we wish them continued success in the future.”
Andrew Liau, Head of Europe Infrastructure at H.I.G.
“H.I.G. has been instrumental in positioning EYSA as a market leader, helping the Company expand into new, high-growth markets. H.I.G. has backed various investment opportunities and strategic initiatives, reinforcing our ability to support cities in their transition to more automated, sustainable, and environmentally responsible solutions. We look forward to the next chapter in the company’s growth journey.”
Javier Delgado, CEO of EYSA
