Helios closes sale of HTN Towers to IHS

21 Jun 2016

Helios Investment Partners (acting on behalf of Helios Investors, L.P.) and including The Pembani Group, First City Monument Bank and IFC, announced the completion of the sale of HTN Towers (“HTN”), the pioneer of tower infrastructure sharing in Africa, to IHS Holding Limited, the largest mobile telecommunications infrastructure provider in Africa, Europe and the Middle East. 

Founded by Helios in 2006, HTN was the first independent telecom tower company in Africa devoted to building and operating towers. The company has since grown rapidly and is recognized for providing best-in-class service to customers across Nigeria. 

The sale of HTN underscores the strength of Helios’ investment strategy, which is to acquire and build market leading platform companies, operating in the core economic sectors of key African countries, with an emphasis on portfolio operations as a creator of value.

 

For more information, please see here.

 

« Back to Member News

We are pleased to welcome Verod Capital Management, as a sponsor of the 16th Annual AVCA Conference. Hear from PE i… https://t.co/sfDA6aRMku

Africa accounts for almost 50% of @Proparco annual investment activity. Hear Deputy CEO Djalal Khimdjee, discuss th… https://t.co/qgTUSvX7bq

We are pleased to announce @CDCgroup as a sponsor of the AVCA 16th Annual Conference. @CDCgroup is committed to inv… https://t.co/9eX40WmHnV

@AVCA_Africa is honoured to announce H.E @UKenyatta as the Keynote Speaker at the AVCA 16th Annual Conference. Regi… https://t.co/fp53hGwe0x

93% of institutional investors in @AVCA_Africa new report can back generalist funds, while only 7% seek investments… https://t.co/zzcFwUwQBB

;