Northern Arc completed the acquisition of S.M.I.L.E. Microfinance.

Synopsis

Northern Arc, an investment company, completed the acquisition of S.M.I.L.E. Microfinance, a non-banking finance company. Financial terms were not disclosed.

Principals

target

S.m.i.l.e. Microfinance

bidder

Northern Arc Capital

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Market Context

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Seller Team (1)

murali srinivas

CEO at S.M.I.L.E. MICROFINANCE

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

ashish mehrotra

CEO at NORTHERN ARC CAPITAL LIMITED

Investor

bidder

Deals

£ 87 M

Total Value

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