Equity Bank Ltd.

Equity Centre, Hospital Road, Upper Hill,
South Africa,
+254 - 0711 026000

Equity Bank Limited focuses on providing banking services to the hitherto un-banked population. The successful execution of that strategy has enabled Equity Bank to build Kenya's largest base of account holders and industry-leading growth rates and profitability. Helios is represented on the Bank's board of directors and holds the chairmanship of several board committees. The investment and strategic partnership with the bank will enable the Bank to continue its local and regional expansion, increase its lending capability and provide capital for investment in the Bank's internal operations, principally information technology systems and human resources.

Equity Bank was acquired by Helios Investment Partners on December 01, 2007.

Join Mergr to view all 206 acquisitions of financial services companies in 2007, including 67 acquisitions by private equity firms, and 139 by strategics.

Out of 60 sectors in the Mergr database, financial services ranked 4 in number of deals in 2007. The largest financial services acquisition in 2007 was First Data - which was acquired by Ardian for $29.0B.

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