Tikehau Capital, the global alternative asset management group, announces the acquisition of EYSA Group (“EYSA” or the “Company”), a Spanish leader in smart mobility solutions for urban and interurban areas. The investment aims to accelerate the Company’s growth and consolidate it into a global platform. The acquisition of EYSA from H.I.G. Capital (“H.I.G.”), a global alternative investment firm, will be completed through Tikehau Capital’s flagship private equity decarbonisation strategy, which supports companies advancing energy efficiency, electrification, low-carbon solutionsand climate adaptation. This investment aligns with EYSA’s strategic focus of accelerating the transition of existing urban and interurban transportation infrastructure to more efficient and sustainable frameworks.
EYSA’s management team will continue to lead the business, supported by Tikehau Capital’s strategic and operational involvement. The transaction is subject to customary regulatory approvals and closing conditions.
Since acquiring the Company in early 2022, H.I.G. has supported EYSA’s management team through its evolution into a fast-growing, international, smart mobility platform. During this period, the Company reinforced its operational capabilities, launched new sustainability and AI-driven services, completed five strategic add-on acquisitions and doubled its EBITDA. Tikehau Capital’s investment marks the beginning of a new growth chapter for EYSA, centred on international expansion and the scaling of its operations.
EYSA: enabling the future of urban and interurban mobility
Founded in 1975 and headquartered in Madrid, EYSA has evolved over time into a leading and global player in the smart and sustainable solutions market. The Company’s technology-driven solutions are aimed at fostering smarter and more sustainable transportation infrastructure, while supporting the implementation of new regulation to improve traffic flows, reduce carbon emissions and enhance road safety.
The Company's activities in the urban environments range from managing regulated parking and low-emission zones, to traffic control and enforcement. EYSA also operates in the interurban segment with solutions such as road usage charging, Intelligent Transport Systems (ITS) and the management of secure truck parking under the Mowiz Truck brand.
EYSA recently expanded its capabilities to include radar systems for urban and interurban road safety through the acquisition of Tradesegur, artificial vision enforcement solutions through the acquisition of Lector Vision, and connected car solutions through the acquisition of Net4things. Additionally, EYSA has developed new digital services, including a multimodal urban mobility platform that integrates mobility services such as public transportation, parking and EV charging under the brand Mowiz. The Company has also developed a series of AI data-driven products to optimise the efficiency, management and planning of mobility for cities and territories.
EYSA is a critical facilitator for cities, governments and private operators in their journey to efficiency, sustainability and decarbonisation. It serves more than 235 citiesand institutional clients, such as the City of Madrid, the Spanish National Road Authority (DGT) and AENA, as well as some of the world’s leading infrastructure developers. In 2024, EYSA exceeded €200 million in revenue, with EBITDA approaching €50 million.
In partnership with the Company’s management team, Tikehau Capital’s investment marks the beginning of a new phase for EYSA. The Company will be backed by a long-term partner with a strong track record in decarbonisation and an investment approach that is fully aligned with EYSA’s sustainability roadmap, technology and international expansion targets.
Javier Delgado, CEO and Iván Pérez, Chief Strategy Officer, will continue to lead the Company with a highly experienced management team. In recent years, the current management team has driven a profound transformation of the business, combining organic growth with strategic acquisitions and positioning EYSA as a leading international smart mobility platform.
Consolidating an international champion in smart mobility
Tikehau Capital will be investing through its flagship private equity decarbonisation strategy, which focuses on supporting companies committed to energy efficiency, electrification, low-carbon solutions, and climate adaptation. It marks the firm’s fifth private equity investment in Iberia (the second in 2025 following Juan Navarro García[1]) and the first in Spain for its latest decarbonisation vintage.
David Martín, Co-Head of Tikehau Capital Iberia, said: “The acquisition of EYSA strengthens Tikehau Capital’s presence in the Iberian Peninsula through a private equity investment that is fully aligned with our thematic decarbonisation strategy. Our role is to enable the next stage of growth, supporting EYSA’s international expansion by providing capital, sector expertise and a network of industrial alliances. Tikehau Capital seeks to partner with companies like EYSA,
which have a proven value proposition, a solid management team and a clear ambition towards transformation.”
Pierre Abadie and Mathieu Badjeck, Co-Heads of Tikehau Capital’s Private Equity Decarbonisation Strategy, added: “Our investment in EYSA reflects our commitment to supporting companies leading the low-carbon transition. EYSA exemplifies the kind of asset we seek - impactful, scalable and aligned with key societal shifts. Its positioning as a smart mobility platform enables it to play a meaningful role in transforming urban transport infrastructure, reducing emissions and improving operational efficiency. With over 55% of the global population living in cities today — a number projected to reach 70% by 2050[2] — optimising urban mobility is critical. It directly contributes to climate goals, enhances public health through cleaner air and strengthens the competitiveness of urban economies.”
Javier Delgado, CEO of EYSA, commented “We are proud of the transformation journey EYSA has undertaken in recent years, consolidating our position as a reference player in smart mobility solutions with a growing international footprint. We are excited to embark on this new chapter alongside Tikehau Capital, a partner whose strategic vision and long-term commitment to decarbonisation are fully aligned with our roadmap to building more sustainable and efficient mobility solutions. With their support, we are confident in our ability to continue innovating and expanding our capabilities organically or through strategic acquisitions to accelerate our international growth and continue positioning EYSA as a leading global smart mobility solutions provider. Our partnership with H.I.G. has been instrumental in positioning EYSA as a market leader, helping the Company expand into new, high-growth markets, and we thank H.I.G. for its valuable contribution.”
Andrew Liau, Head of Europe Infrastructure at H.I.G., commented: “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. The Company is well-positioned to seize future growth opportunities, and we wish them continued success in the future.”
ABOUT TIKEHAU CAPITAL
Tikehau Capital is a global alternative asset management Group with €50.6 billion of assets under management (at 31 March 2025).
Tikehau Capital has developed a wide range of expertise across four asset classes (credit, real assets, private equity, and capital markets strategies) as well as multi-asset and special opportunities strategies.
Tikehau Capital is a founder-led team with a differentiated business model, a strong balance sheet, proprietary global deal flow and a track record of backing high quality companies and executives.
Deeply rooted in the real economy, Tikehau Capital provides bespoke and innovative alternative financing solutions to companies it invests in and seeks to create long-term value for its investors, while generating positive impacts on society. Leveraging its strong equity base (€3.2 billion of shareholders’ equity at 31 December 2024), the Group invests its own capital alongside its investor-clients within each of its strategies.
Controlled by its managers alongside leading institutional partners, Tikehau Capital is guided by a strong entrepreneurial spirit and DNA, shared by its 750 employees (at 31 March 2025) across its 17 offices in Europe, the Middle East, Asia and North America.
Tikehau Capital is listed in compartment A of the regulated Euronext Paris market (ISIN code: FR0013230612; Ticker: TKO.FP). For more information, please visit: www.tikehaucapital.com.
ABOUT EYSA
EYSA’s integrated offering consists of a wide range of mission-critical mobility solutions including on-street and off-street parking, tolling, traffic management, and low emission zones. The company benefits from strong secular trends as its clients seek EYSA’s one-stop-shop proposition to address increasingly important sustainability targets such as reducing congestion and pollution, increasing traffic safety, as well as generating additional income for public budgets. As of 2024, the company operates approximately 330,000 parking spaces across a diversified portfolio of more than 270 contracts. For more information, please visit https://eysaservicios.com/.
ABOUT H.I.G. CAPITAL
H.I.G. is a leading global alternative investment firm with $69 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong, H.I.G. specialises in providing both debt and equity capital to middle market companies, utilising a flexible and operationally focused/value-added approach. Since its founding in 1993,
H.I.G. has invested in and managed more than 400 companies worldwide. The Firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.
*Based on total capital raised by H.I.G. Capital and affiliates.
[1] Please refer to press release dated 10 March 2025: https://www.tikehaucapital.com/~/media/Files/T/Tikehau-Capital-V2/documents/media/en/pr-2025-en/10032025-press-release-tikehau-capital-completes-the-acquisition-of-juan-navarro-garcia.pdf
[2] United Nations, World Urbanization Prospects: The 2018 Revision – Key Facts (New York: UN Department of Economic and Social Affairs, 2018)