H.I.G. Capital (H.I.G.), a leading global alternative investment firm with more than $47 billion of equity capital under management, announced that an affiliate has signed a definitive agreement to acquire EYSA Group, a market leading provider of smart mobility solutions.
EYSA is headquartered in Madrid, Spain, with an international presence in the USA, Mexico, Colombia, Ecuador and Brazil. Leveraging on 'ParkXplorer', its proprietary IT platform, the Company has become a one-stop-shop for more than 100 cities across Spain, Latin America and the USA. EYSA has long term relationships with municipalities and private clients who desire comprehensive, automated solution integrating all their mobility needs.
Over the past several years, EYSA has evolved from a purely regulated parking operator, to an integrated tech-enabled smart mobility services platform. H.I.G. will continue to support EYSA in this evolution, providing the necessary resources to develop new mobility solutions for its existing clients and expanding EYSA’s international footprint.
Andrew Liau, co-head of H.I.G. Infrastructure
We are highly impressed with EYSA’s best-in-class management team who share our vision regarding development opportunity in the mobility space. Mobility requirements are becoming increasingly complex as cities undergo the critical transition toward automated, sustainable, and environmentally friendly operations. EYSA is a time-tested, trusted partner of choice with a proven capability to adapt its solutions toward ever changing client needs.
Javier Delgado, CEO of EYSA
The investment by H.I.G. is great news for EYSA and its stakeholders. I am very excited about the prospects of working alongside H.I.G. to capitalise on the enormous potential we have both in Spain and abroad. I am convinced that H.I.G. is the ideal partner to support EYSA in its ambitious growth plans for the coming years.
