Pérez-Llorca advises Tikehau Capital on EYSA acquisition
Pérez-Llorca has advised Tikehau Capital, the alternative asset management group, on the acquisition of EYSA Group, a Spanish player in smart mobility solutions for urban and interurban areas. The investment aims to accelerate EYSA’s growth and consolidate it into a global platform. The acquisition of EYSA from H.I.G. Capital, an alternative investment firm, will be completed through Tikehau Capital’s flagship private equity decarbonisation strategy, which supports companies advancing energy efficiency, electrification, low-carbon solutions and climate adaptation.
According to Tikehau, 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, EYSA 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 serves more than 235 cities and institutional clients, such as the City of Madrid, the Spanish National Road Authority (DGT) and AENA, as well as some of the world’s main infrastructure developers.
Tikehau’s investments
The transaction marks the Tikehau’s fifth private equity investment in Iberia and the first in Spain for its latest decarbonisation vintage. “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”, says David Martín, Co-Head of Tikehau Capital Iberia.
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”.
The legal advisors
Pérez-Llorca advisors team was composed of Pablo González Mosqueira, partner in corporate; Ildefonso Arenas, partner in banking and finance; Norma Peña, partner in tax; Isabel Moya, partner in labour, compensation and benefits; Ana Cremades, partner in regulatory; Natalia Olmos, partner in regulatory; Jaime de Blas, partner in competition; Ángel Martín, Ignacio Mozo, Juan Sánchez, Lucía Rodrigáñez, and Beatriz Olivares, all lawyers in corporate; Isabel Rodríguez, lawyer in banking and finance; and Sergi Aguilar, lawyer in tax.
On the picture, from left to right: Pablo González Mosqueira, Ildefonso Arenas, Norma Peña, Isabel Moya, Ana Cremades, Natalia Olmos, and Jaime de Blas.
