IHS Holding Limited (IHS) has signed an agreement to purchase the infrastructure solutions provider, Cell Site Solutions - Cessão De Infraestruturas S.A. (CSS), headquartered in São Paulo, Brazil from affiliates of Goldman Sachs and Centaurus Capital LP. Under the terms of the agreement, IHS will acquire 100% of CSS and it will be fully integrated into IHS. On completion, which is subject to all necessary regulatory approvals, the management team and all employees will join IHS. The purchase price remains undisclosed. 

CSS has approximately 2,290 towers and other telecommunications infrastructure sites across Brazil, Peru and Colombia. The company’s four solutions – Build To Suit (BTS), Collocation, Distributed Antenna Systems and Small Cells, further complement and enhance IHS’ offering as it seeks to bring increased connectivity to emerging markets and pursue the strategic expansion goal of becoming the world’s leading emerging markets towerco. The addition of three new markets in the Latin America region add significant future growth potential to the IHS business.

Citi is serving as financial advisor and Allen & Overy LLP along with Souza, Mello e Torres Advogados are serving as legal counsel to IHS. Goldman Sachs & Co. LLC and Banco Itau BBA S.A. are serving as financial advisors to CSS. Gibson, Dunn & Crutcher LLP and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados are serving as legal counsel to CSS and affiliates of Goldman Sachs and Centaurus.