Kenyan Investment Banking Pioneer Changes Hands as Theo Capital Acquires Kestrel Capital in Strategic MBO
NAIROBI, Kenya, October 8, 2025 — In a transaction poised to reshape Kenya’s financial services landscape, a consortium of seasoned investment professionals operating under Theo Capital Holdings Ltd has successfully acquired Kestrel Capital East Africa Limited (KCEAL), one of the country’s most established stockbrokerage firms and investment banks. The deal, structured as a Management Buyout […]




