Announced
Completed
Financials
Sources
Tags
Cross Border
Private
IT Services: Other
data warehouse
business intelligence
web design
mobile device optimization
cloud services
United States
Acquisition
Friendly
Completed
Minority
Private Equity
Single Bidder
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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