India's True North-advised fund buys significant minority stake in US-based Accion Labs for $93m

India's True North-advised fund buys significant minority stake in US-based Accion Labs for $93m

Prasad Thrikutam, Partner, True North

Indium VI (Mauritius) Holdings Limited, advised by Indian private equity firm True North, has acquired a significant minority stake in Accion Group Holdings, a Pittsburgh-based digital and innovation engineering company, from TA Associates and other shareholders of Accion.