Kenya’s stock brokerage firm and investment bank, Kestrel Capital East Africa Limited (KCEAL), has been acquired by a group of investors operating under Theo Capital Holdings Ltd through a Management Buyout (MBO).

• The acquisition ensures service continuity and business stability for KCEAL.
• Theo Capital Holdings comprises professionals with over 60 years of combined experience in capital markets, fund management, and global trade execution.
• The deal was led by Francis Mwangi, who will continue as CEO of Kestrel Capital, and Eric Ruenji, Chairman of Theo Capital Holdings.