/Investor DB

Heirs Holdings

Family office

Lagos · Growth · 10 people tracked

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Investment thesis

Heirs Holdings pursues a philosophy it terms Africapitalism, seeking to unlock Africa's potential through long-term investments in strategic sectors. The group positions itself as a family-owned, pan-African investment holding company focused on delivering sustainable, long-term value while improving lives and driving development across the continent.

Source: firm website, verified Aug 3, 2026.

Stage
Growth
HQ
Lagos, NG
Instruments
Equity
Last 12 months
1 investment
Tracked investments
22
Acquisitions
1

Team · 10 people

from the firm's website

Founder mafia

2 people who came through Heirs Holdings went on to found or lead other companies.

What they invest in

from 12 of 22 portfolio companies

Enterprise Software ×5Fintech ×5Energy ×4Cloud Computing ×2Digital Health ×2Healthtech ×2InsurTech ×2SaaS ×2

HQs:Nigeria×11

Investments · 22 tracked

founders shown can be your intro path
Avon Medicalavonmedical.comin✓ verified

Avon Medical Practice is a healthcare provider offering end-to-end patient care covering prevention, diagnostics, management, and recovery across all life stages.

Digital HealthHealthtechWellness & FitnessLagos, NG

Dr Akinbiyi Oke(Chief Executive Officer)in

BoardDr Awele V. Elumelu(Chairperson)Dr. Awele V. Elumelu OFR(Chairperson)

Redtechredtechlimited.comin𝕏May 2026✓ verified

Redtech is a fintech company offering digital payment solutions (RedPay) and an energy technology platform (SITCOM) aimed at addressing financial and infrastructure challenges across Africa.

EnergyEnterprise SoftwareFintechImpact & Social GoodSaaSAbuja, NG

Abuja Electricity Distribution Companyabujaelectricity.com

Abuja Electricity (AEDC) is an electricity distribution utility that supplies power to customers and provides a mobile app for reporting outages and receiving service updates.

EnergyAbuja, NG

Co-investorsMinistry of Finance Incorporated

Africa prudentialafricaprudential.comin𝕏

Africa Prudential Plc provides share registration services and capital market solutions to organizations in the Nigerian capital market.

Cloud ComputingEnterprise SoftwareFintechSaaSNigeria, NG

Afriland Propertiesafrilandproperties.com𝕏

Afriland Properties is a real estate company that publishes financial and analyst reports and holds shareholder meetings for investors.

PropTech

Avon HMOavonhealthcare.comin𝕏

Avon HMO is a Nigerian health maintenance organization offering individual, family, and corporate health plans that coordinate care and cover medical bills for subscribers.

Digital HealthHealthtechInsurTechLagos, NG

Osa Imasogie(Chief Executive Officer)in

Heirs Insurance Brokersheirsinsurancebrokers.com

Brokerage arm of Heirs Insurance Group offering tailored risk and asset protection solutions.

Heirs Insurance Groupheirsinsurancegroup.comin𝕏

Heirs Insurance Group is an insurance company authorized and regulated by the National Insurance Commission, serving stakeholders in Nigeria.

FintechInsurTechLogistics & Supply ChainLagos, NG

Wole Fayemiin

Heirs Technologiesheirstechnologies.comin𝕏

Heirs Technologies partners with African businesses to modernize operations and accelerate growth through cloud, cybersecurity, and digital transformation services designed for Africa and aligned with global standards.

Cloud ComputingCybersecurityEnterprise SoftwareLagos, NG

Obong Idiong(Managing Director / CEO)inGeorge Njuguna(Chief Technology & Innovation Officer)Ibijoke Morakinyo(Chief Operating Officer)Romanus Eke(Chief Commercial Officer)inNorbet Amu(Chief Finance Officer)Nathaniel Oladunmomi(Chief Risk Officer)in

TENOILheirsenergies.com𝕏

Africa's largest indigenous-owned energy company operating oil and gas production in Nigeria's Niger Delta, with a focus on safety, health, community relations, and governance standards.

EnergyNiger Delta, NG

Tony O. Elumelu, C.F.R(Founder)in

Tenoil energytenoilenergy.comin

Tenoil is an oil and gas exploration and production company operating offshore and onshore assets in Nigeria with reserves including crude oil and natural gas.

EnergyLagos, NG

Transcorp Hotelstranscorphotels.com

Nigeria's leading hospitality company, owner of the Transcorp Hilton Hotel Abuja.

Transcorp Powertranscorppower.com

Leading producer of electricity in West Africa.

United Bank for Africaubagroup.comin𝕏

UBA Group is a pan-African banking group offering financial services to individuals and businesses across Africa and internationally.

Enterprise SoftwareFintechLagos, NG

united capitalunitedcapitalplcgroup.comin𝕏acquired by Goldman Sachs

United Capital Plc is a Pan-African financial services institution that provides financial services to businesses, individuals, and governments using technology.

Enterprise SoftwareFintechLagos, NG

Dr. Gbadebo Adenrele(Head, Financial Advisory and Capital Market)Tobechi Nwosu(Head of Mid-Market)inVivian Okoloigwe(Head of Coverage & Distribution, Investment Banking)in

Co-investorsBessemer Venture PartnersSageview Capital

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Avon Dialysis CentreAvon Healthcare LimitedHeirs EnergiesTranscorp CentreTranscorp GroupTranscorp Hilton AbujaTranscorpnigeria

Exits · 1

1 acquisitions

united capitalacq. by Goldman Sachs

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Heirs Holdings made?
Heirs Holdings has 22 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
What stage does Heirs Holdings invest at?
Heirs Holdings invests at the Growth stage.
What sectors does Heirs Holdings focus on?
Heirs Holdings focuses on Energy, Fintech, Healthtech, InsurTech, PropTech, Travel & Hospitality.
Where is Heirs Holdings located?
Heirs Holdings is headquartered in Lagos, NG.
Who does Heirs Holdings co-invest with?
Heirs Holdings most often shares deals with Bessemer Venture Partners, Ministry of Finance Incorporated, Sageview Capital, among 3 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Heirs Holdings Chairman, Tony O. Elumelu Speaks at the 2023 (Afreximbank)

Heirs Holdings · Tony O. Elumelu

Heirs Holdings Chairman, Tony O. Elumelu at the NGX, BPE, NIPC Investors Webinar

Heirs Holdings · Tony O. Elumelu

Built to Lead: The Heirs Holdings Woman

Heirs Holdings

Heirs Holdings Africapitalism in Action

Heirs Holdings

Tony Elumelu Delivers Keynote Remarks at the Abuja Business & Investment Summit & EXPO 2025

Heirs Holdings

Tony Elumelu Champions Africapitalism at the Nordic-African Business Summit, in Oslo, Norway

Heirs Holdings

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