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True North-backed Indium VI completed the acquisition of a minority stake in Accion Labs from TA Associates for $93m.

Synopsis

True North-backed Indium VI, a private equity fund, completed the acquisition of a minority stake in Accion Labs, a technology services firm, from TA Associates, a private equity company, for $93m. "We are excited about Accion's deep digital expertise, customer centricity, and its approach to doing business. Most of all, we have strong confidence in the firm's management team to build Accion Labs into a respected global leader," Prasad Thrikutam, True North Partner.

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