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IHS was founded in 2001 and is the EMEA region’s leading player in telecom tower infrastructure for mobile telecoms operators.

As at December 31, 2022

It is well positioned to benefit from strong growth in infrastructure requirements across Africa. IHS operates throughout the industry’s supply chain, with operations spanning construction, rental, management and maintenance of telecom towers.

Investment date

Peugeot Invest's investment

Peugeot Invest has invested $78 million in IHS through four capital increases. After an initial investment of $5 million in 2013 alongside the Emerging Capital Partners (ECP) fund, Peugeot Invest invested a further $10 million in early 2014 then $60 million in November 2014, including $50 million alongside Wendel.

IHS has been a listed company since November 2021. Directly and indirectly, Peugeot Invest owns a 1.5% stake in IHS.

In 2022

IHS now manages more than 39,500 towers across 11 countries in Africa, the Middle East and Latin America.

In 2022, the company continued to grow at a good pace and its revenue totalled $1.96 billion, representing organic year-on-year growth of 20%, along with adjusted EBITDA margin of 53%.

Key figures

Invested amount
78 m
Number of towers
Chiffres d'affaires 2020
bn 1,6 $