First City Monument Bank, a rapidly growing universal bank in Nigeria. The bank, which is listed on the Nigerian Stock Exchange, is capitalizing on the low penetration of banking services within the country, and strong underlying economic growth trends, to build a dominant position in retail banking, while maintaining its traditional leadership in corporate banking. Helios is actively supporting management's efforts in executing on the corporate strategy and in team building. Helios is represented on the Bank's board of directors and on its key committees.
First City Monument Bank was acquired by Helios Investment Partners on April 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 Private Equity for $29.0B.
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