H.I.G. Capital's Strategic Move with EYSA
H.I.G. Capital, a prominent global alternative investment firm with an impressive capital management portfolio, has successfully carried out the sale of EYSA Group to Tikehau Investment Management. This strategic decision marks a pivotal moment for EYSA, a firm known for its innovative approach to mobility solutions.
Transforming Mobility Solutions
With its headquarters in Madrid, EYSA stands out as a leader in smart mobility solutions, operating in over 30 countries. H.I.G. Capital has played a substantial role in this transformative journey. Since its investment began in 2022, H.I.G. Infrastructure worked closely with EYSA's management team to shift its focus from a traditional parking operator to an international entity specializing in sustainable mobility. This shift has allowed EYSA to enhance its operations and launch cutting-edge AI-driven services.
The Growth Journey
Under H.I.G. Capital’s stewardship, EYSA significantly increased its EBITDA, more than doubling during the investment period. This growth solidifies its role as a comprehensive provider of mobility solutions, ready to leverage new investments in sustainable infrastructure. The company's foundation has allowed it to be at the forefront of trends driving demand for environmentally friendly transportation options.
Voices Behind the Transformation
Andrew Liau, the head of Europe Infrastructure at H.I.G. Capital, acknowledged the tremendous efforts of EYSA's team in transforming the firm. He expressed confidence in EYSA's capacity to pursue future growth opportunities, reinforcing the organization's stability and market position.
Commitment to Sustainability
Javier Delgado, CEO of EYSA, echoed Liau's sentiments, highlighting H.I.G.’s pivotal role in steering EYSA towards market leadership. Under H.I.G's guidance, EYSA has not only expanded geographically but also enhanced its dedication to sustainability, aiming to support cities in their transition towards smarter, cleaner solutions. The vision for the future involves ongoing innovation in mobility services, contributing to global sustainability targets.
About EYSA: The Next Steps
EYSA's service portfolio includes critical mobility solutions such as parking management, toll systems, and traffic oversight, all tailored to meet the rising demand for sustainable practices. By 2024, the company is expected to manage around 330,000 parking spaces, reinforcing its position in the market.
Strategic Vision and Client Focus
As cities worldwide strive to reduce congestion and pollution, EYSA's offerings are increasingly vital. The company's integrated services help public agencies meet essential sustainability objectives, while also providing additional revenue streams through its diverse contracts.
About H.I.G. Capital
H.I.G. Capital boasts a robust investment strategy, primarily focusing on middle-market companies. Headquartered in Miami, with offices across the globe, H.I.G. specializes in equity and debt financing with a unique operational approach that supports growth and efficiency. With investments exceeding $70 billion, H.I.G. has an impressive track record of nurturing over 400 companies since its inception.
Commitment to Market Growth
The firm’s structured approach allows it to capitalize on unique investment opportunities, providing both strategic support and financial backing to facilitate market expansion. H.I.G. is dedicated to driving innovation through its diverse portfolios in private equity, real estate, and infrastructure sectors, continuing its legacy of successful investments.
Frequently Asked Questions
What led to H.I.G. Capital's decision to sell EYSA?
H.I.G. Capital made the sale to optimize EYSA's growth potential, ensuring it is well-positioned for future success in the sustainable mobility market.
How has EYSA transformed during H.I.G. Capital's investment?
Under H.I.G., EYSA expanded its services, focused on sustainability, and more than doubled its EBITDA, transitioning into a leading provider of smart mobility solutions.
Who will manage EYSA after the sale?
EYSA's current management team will remain in place, continuing to steer the organization towards future growth and innovation.
What impact does EYSA's business model have on sustainability?
EYSA offers solutions that help cities reduce pollution and traffic congestion, aligning its business model with global sustainability goals.
What is H.I.G. Capital's focus moving forward?
H.I.G. Capital will continue to invest in middle-market companies, employing a flexible, value-added strategy that promotes growth across various sectors.
