Everstrong Kenya Infrastructure Fund acquired a majority stake in SealTowers Ltd to enhance telecommunications infrastructure in underserved areas of Kenya.

Target Information

SealTowers Ltd is a reputable provider of telecommunications infrastructure in Kenya, specializing in the development, ownership, leasing, and management of cell towers. The company holds a Tier II Network Facilities Provider License and partners with major telecommunication companies including Airtel, Telkom Kenya, Jamii Telecom, and Wananchi Zuku to enhance network and data coverage across the region.

Through long-term contracts with these telecom operators, SealTowers aims to support the growing demand for enhanced connectivity, addressing the needs of both urban and underserved rural communities in Kenya.

Industry Overview in Kenya

The telecommunications sector in Kenya has experienced rapid growth, driven by increased mobile penetration and a rising demand for data services. The country's strategic focus on digitization and technological i

View Source

Similar Deals

Metier Capital Growth Fund III Watu Group

2025

Other Private Equity Financial Technology (Fintech) (NEC) Kenya
Qualium Investissement AVISIA

2025

Other Private Equity Machine Learning & Artificial Intelligence (AI) Services France
Pride Capital Partners talentsconnect AG

2025

Other Private Equity Enterprise Software Germany
East Africa Growth Holdings I&M Group PLC

2025

Other Private Equity Retail & Mortgage Banks Kenya
Digi International Inc. Jolt Software, Inc.

2025

Other Private Equity Enterprise Software United States of America
Inherent EverLink

2025

Other Private Equity Integrated Telecommunications Services (NEC) Other

Everstrong Kenya Infrastructure Fund

invested in

SealTowers Ltd

in 2022

in a Other Private Equity deal

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert