HIG Capital Secures Strong Returns in EYSA Exit
HIG Capital Secures Strong Returns in EYSA Exit
H.I.G. Capital has completed the sale of EYSA Group to Tikehau Investment Management, marking the successful conclusion of a three-year transformation strategy. The Miami-based investment firm, which manages $70 billion, turned EYSA from a Spanish parking operator into a global smart mobility platform.
From Parking to Smart Mobility
Acquired in May 2022, EYSA more than doubled EBITDA during H.I.G.’s ownership and expanded internationally through five acquisitions. Today the company operates 330,000 parking spaces across more than 270 contracts in over 30 countries, offering solutions spanning parking, tolling, traffic management, and low-emission zones.
“H.I.G. has been instrumental in positioning EYSA as a market leader, helping the company expand into new, high-growth markets,” said Javier Delgado, CEO of EYSA.
Andrew Liau, Head of Europe Infrastructure at H.I.G., praised the achievement: “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.”
A Broader Strategy
The EYSA exit is part of H.I.G.’s wider European expansion. Earlier in August, the firm took control of Fluo Group, a Finnish waste management platform positioned to benefit from the region’s shift toward circular economy models. H.I.G. also announced a strategic investment in Avanta Salud, a leading Spanish occupational health services provider serving more than one million employees.
Beyond acquisitions, H.I.G. recently closed its $5.9 billion WhiteHorse Middle Market Lending Fund IV, the largest vehicle in the division’s history, and launched a GP Solutions Platform to pursue continuation vehicles and GP-led transactions with a senior team recruited from Morgan Stanley.
Positioning for Growth
Founded in 1993, H.I.G. Capital operates from 19 global offices and has invested in more than 400 companies. Its current portfolio firms generate more than $53 billion in revenue. The EYSA exit demonstrates how H.I.G. continues to combine operational improvements with strategic repositioning to create long-term value in infrastructure and beyond.