IXAfrica's $50m growth equity funding led by Helios Investment Partners
Torch Partners acted as exclusive financial adviser to IXAfrica, a leading developer and operator of hyperscale-ready data centres in Kenya, East Africa, on its growth equity financing of $50m led by Helios Investment Partners. The investment will help accelerate the development of the Nairobi campus, a 17,300 square metre plot alongside Mombasa Road.
Established in Kenya in 2021, IXAfrica is focused on providing high-quality data centre environments able to serve both the international and local internet markets. Upon full build-out of the Nairobi campus, the Company will establish a leading position in Kenya, delivering over 20MW of much-needed, hyperscale-ready capacity to the market. The IXAfrica facility is capable of hosting the world’s most demanding companies in the internet, banking, retail, media and other enterprise sectors.
Helios Investment Partners is the largest Africa-focused private investment firm, with a record that spans creating start-ups to providing expanding companies with growth capital and expertise. Helios is focused on building market leaders in core economic sectors and driving performance through a highly engaged approach to portfolio operations.
The investment is expected to close by the end of the year, subject to customary closing conditions including Kenyan regulatory approval.
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