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Helios closes sale of HTN Towers to IHS

Helios closes sale of HTN Towers to IHS

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HTN Towers exit 10 June 2016

London, 10th June 2016: Helios Investment Partners (acting on behalf of Helios Investors, L.P.) and including The Pembani Group, First City Monument Bank and IFC, announced today 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.

Helios Investment Partners is an Africa-focused private investment firm managing funds totalling approximately $3 billion. Helios’ diverse LP base includes a broad range of the world’s leading investors, including sovereign wealth funds, corporate and public pension funds, endowments and foundations, funds of funds, family offices and development finance institutions across the US, Europe, Asia and Africa. Established in 2004, led and managed by a predominantly African team and based in London, Lagos and Nairobi, Helios has completed investments in countries across the African continent, including Nigeria, Ghana, Kenya, Tanzania, Angola, South Africa, Egypt and Morocco. Helios’ portfolio companies operate in more than 25 countries in all regions of the continent. Helios bridges international capital and know-how to African talent and enterprise: the firm has a record of successful investment in businesses from start-ups to large corporate carve-outs, building African market leaders in core economic sectors and driving strong returns via portfolio operations.

Further details on Helios Investment Partners can be found at: www.heliosinvestment.com