#United States #Madrid #H.I.G. Capital #EYSA Group #Tikehau Investment

H.I.G. Infrastructure Concludes Successful Sale of EYSA to Tikehau Investment Management

H.I.G. Capital, a prominent global investment firm managing approximately $70 billion, has successfully completed the sale of EYSA Group to Tikehau Investment Management SAS. This strategic move reflects both firms' commitment to advancing sustainable mobility solutions.

Transforming EYSA under H.I.G. Ownership

Founded in 2022, H.I.G.'s relationship with EYSA has fostered a remarkable evolution of the company, transitioning it from a local parking operator to an internationally recognized platform for smart mobility. Headquartered in Madrid, the company has expanded its reach to over 30 countries, aiming to redefine mobility solutions through cutting-edge innovations. During its partnership with EYSA, H.I.G. initiated several key strategic initiatives, including:

• - Repositioning EYSA as a global leader in mobility solutions rather than just a parking operator.
• - Focusing on the integration of sustainable practices and AI technologies into their service offerings.
• - Executing five acquisitions to broaden their operational footprint.

The efforts during this partnership have proven effective; EYSA has more than doubled its EBITDA, becoming a key player in the mobility sector while appealing to the increasing global demand for smart city solutions.

Navigating Future Opportunities

Andrew Liau, Head of Europe Infrastructure at H.I.G., expressed pride in the transformation EYSA has undergone, stating, "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. This exit demonstrates the attractive returns generated for our investors. The company is well-positioned for future growth opportunities."

Similarly, EYSA's CEO, Javier Delgado, emphasized the company's strengthened market position, attributing this progress to H.I.G.'s backing in venture opportunities and operational support. He remarked on the firm’s pivotal role in enabling cities to transition towards more automated and sustainable solutions, indicating that EYSA's future looks bright.

EYSA's Integrated Service Offerings

EYSA provides a range of mission-critical mobility solutions, including:

• - On-street and off-street parking
• - Tolling systems
• - Traffic management services
• - Development and implementation of low emission zones

As of 2024, EYSA manages approximately 330,000 parking spaces across more than 270 contracts. Their comprehensive service offering is aligned with the global push towards sustainability, addressing essential targets like reducing urban congestion and pollution while enhancing traffic safety.

Furthermore, EYSA's diversified portfolio includes operational contracts ensuring continued revenue streams as cities strive to meet growing demands for sustainable infrastructure solutions. The company’s one-stop-shop proposition is gaining traction amongst clients aiming to tackle pressing environmental concerns while enhancing public income streams.

A Bright Future Ahead

The sale to Tikehau Investment Management marks a significant milestone for EYSA, setting the stage for its next growth chapter as a market leader. With H.I.G. Capital's exit, both companies are positioned to capitalize on the increasing trends towards smart mobility solutions. The strategic direction taken over the past few years will undoubtedly continue to benefit EYSA as it navigates future market opportunities.

In summary, the transition of EYSA from a local service provider to a global leader in smart mobility exemplifies the essence of modern investment practices and the critical importance of aligning growth strategies with sustainability goals. The results achieved during H.I.G.'s ownership stand testament to the value-creating potential inherent in the mobility sector, promising an exciting future for both EYSA and its new partner, Tikehau.