In 2016, a turning point occurred in the Royo family's business trajectory. H.I.G. Europe (H.I.G.), the European subsidiary of private equity firm H.I.G. Capital, announced its “significant investment in the capital of Royo Group"The venture capital firm took a significant, albeit minority, stake, and the family retained management control. The operation was aimed at supporting plans to make the group one of the European leaders.
HIG's support on our journey provided a tailwind for our internationalisation phase, led by the company's management team, headed by Raúl Royo, CEO of the company since 2008, who remained at the helm of the project.
“We believe that Royo Group represents a very attractive investment opportunity. We are very excited to be able to support the excellent work that the Royo family has carried out in recent years, which has made the group one of the leading companies in its sector. Thanks to its solid and experienced management team and its international presence, the company has grown both in times of economic boom and during the economic crisis and the property bubble. Royo Group represents the ideal platform to drive growth through acquisitions and become a major player in the consolidation of a highly fragmented sector at a European level,” communicated. H.I.G. Europe in Spain at that time.
