M&A Deal Summary

Airtel-Telkom Acquires Telkom Kenya

On February 9, 2019, Airtel-Telkom acquired diversified company Telkom Kenya from Helios Investment Partners

Acquisition Highlights
  • This is Airtel-Telkom’s 1st transaction in the Diversified sector.
  • This is Airtel-Telkom’s 1st transaction in Kenya.

M&A Deal Summary
Date 2019-02-09
Target Telkom Kenya
Sector Diversified
Buyer(s) Airtel-Telkom
Sellers(s) Helios Investment Partners
Deal Type Merger

Target

Telkom Kenya

Nairobi, Kenya
Telkom Kenya Ltd is a provider Integrated telecommunications services.

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Buyer(S) 1

Buyer

Airtel-Telkom

Nairobi, Kenya
Category Company
Founded 2000
Sector Communications
DESCRIPTION

Airtel-Telkom is a telecommunications company offering 2G, 3G and 4G wireless services, mobile commerce, fixed line services, high speed DSL broadband, IPTV, DTH, enterprise services including national & international long distance services to carriers.

DEAL STATS #
Overall 1 of 1
Sector (Diversified) 1 of 1
Type (Merger) 1 of 1
Country (Kenya) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Helios Investment Partners

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2004
PE ASSETS 3.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Helios Investment Partners is a pan-African private equity firm. Helios looks to commit $15 to $200 million per transaction and will consider a broad range of investment situations. These include leveraged buyouts, recapitalizations, joint ventures, seed-stage venture capital, restructurings, and strategic public equity investments. Helios is a generalist investor however the firm has particular interest in communications, financial services, power, travel/leisure, distribution/logistics, and agriculture. Helios was formed in 2004 and is based in London.

DEAL STATS #
Overall 7 of 11
Sector (Diversified) 1 of 1
Type (Merger) 1 of 1
Country (Kenya) 2 of 2
Year (2019) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-17 TPAY

Dubai, United Arab Emirates

TPAY is a provider of mobile payment solution in markets with low banking penetration and high mobile adoption. TPAY was founded in 2014 and is based in Dubai, United Arab Emirates.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-08 Fawry

Cairo, Egypt

Fawry is the largest electronic payment network, offering financial services to consumers and businesses through more than 50,000 collection points and a variety of channels nationwide. Fawry offers a convenient and reliable way to pay bills and other services in multiple channels (online, using ATMs , mobile wallets and retail points)

Sell -
Mergr

Product

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