H.I.G. Capital has completed the sale of EYSA Group, a Spanish smart mobility solutions provider, to Tikehau Investment Management. EYSA’s management team will remain in place to continue driving the company’s growth strategy.

H.I.G. Infrastructure acquired EYSA in May 2022 and repositioned it from a domestic parking operator into a global mobility platform with operations in more than 30 countries. The firm backed five add-on acquisitions, introduced sustainability-focused and AI-enabled services, and strengthened the company’s operational infrastructure.

During H.I.G.’s ownership, EYSA more than doubled its EBITDA and expanded its presence internationally, consolidating its role as a leader in smart and sustainable mobility. 

Sources familiar with the matter said the firm pursued a value-add strategy centred on operational improvements, enabling EYSA to broaden its product portfolio, achieve strong organic growth, and execute a series of strategic acquisitions. 

The company also advanced sustainability and digital innovation initiatives, helping reposition it as a global smart mobility platform. Although H.I.G. typically targets a five-year holding period, the strong performance of EYSA allowed the investment to be realised in just three years.

Andrew Liau, Head of Europe Infrastructure at H.I.G., said: “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.”

EYSA CEO Javier Delgado added: “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.”

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