PE Firm Providence Equity Enters Africa with Investment in Helios Towers Africa

Helios Towers Africa (“HTA”), the leading, independent telecommunications towers company in Africa, announces that it has raised $630 million in new equity resources from existing and new shareholders.

Existing shareholders including: Quantum Strategic Partners, Helios Investment Partners, Albright Capital Management, RIT Capital Partners and the International Finance Corporation (IFC), all added to their current stakes and are now joined by new shareholders Providence Equity Partners and IFC African, Latin American, and Caribbean Fund.

Read more: Helios Towers Africa raises $630 million in a new equity fundraising – Providence Equity.

Recommended