Helios consortium makes offer for Tecnotree
Helios Investment Partners have formed a consortium to make a voluntary offer for Tecnotree.
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Funds managed by Helios Investment Partners, together with Fitzroy Investments and the CEO of Tecnotree Corporation, Padma Ravichander, have formed a consortium to make a voluntary offer for all the issued and outstanding shares and equity securities in Tecnotree.
Tecnotree is a global provider of IT solutions for the management of services, products, customers and revenue for communications service providers. Tecnotree helps customers to monetise and transform their business towards a marketplace of digital services. The company is listed on the Nasdaq Helsinki.
Tope Lawani, managing partner of Helios said: “We are delighted to announce the tender offer for Tecnotree’s shares and equity securities. We look forward to partnering with Tecnotree and its CEO, Padma Ravichander, to support the company’s continued growth and operational execution in a private setting. Helios brings deep expertise in building and scaling technology platforms in emerging markets, where Tecnotree benefits from strong and sustained growth opportunities. We firmly believe that Helios, alongside the other consortium members, is uniquely positioned to support Tecnotree’s next phase of development. For Tecnotree’s shareholders and holders of equity securities, the consortium views this tender offer as a compelling opportunity to realise immediate liquidity and value at a meaningful premium.”
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