M&A Deal Summary

True North Acquires Group FMG

On March 1, 2011, private equity firm True North acquired marketing company Group FMG

Acquisition Highlights
  • This is True North’s 1st transaction in the Marketing sector.
  • This is True North’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2011-03-01
Target Group FMG
Sector Marketing
Buyer(s) True North
Deal Type Consolidation

Target

Group FMG

London, United Kingdom
website
Group FMG Ltd. is a global marketing solutions business operating in the USA, Europe and Asia. It provides creative and integrated marketing services by producing compelling content that works across print, digital and mobile media and providing robust, cutting edge e-commerce solutions.

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Buyer(S) 1

Buyer

True North

Mumbai, India

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1999
PE ASSETS 1.8B USD
Size Large
Type Sector Agnostic
DESCRIPTION

True North Co. is a private equity firm focused on making investments in growing middle-market companies operating in India. The Firm looks to invest a minimum of $50 million per transaction. Sectors of interest include consumer, healthcare, financial services, infrastructure services, and IT. True North does not invest in start-ups or early-stage companies. True North Co. was formed in 1999 and is headquartered in Mumbai.

DEAL STATS #
Overall 23 of 30
Sector (Marketing) 1 of 1
Type (Consolidation) 1 of 1
Country (United Kingdom) 1 of 1
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-01 India Finserve Advisors Pvt.

Bangalore, India

India Finserve Advisors Pvt. Ltd. brings experience in professional management and deep functional expertise in strategy, scaling, compliance, risk, technology which compliments the in-depth local market experience in customer & product selection, sharp business acumen and entrepreneurship available at investee companies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-01 SFO Technologies Pvt.

Kochi, India

SFO Technologies Pvt. Ltd. designs and manufactures micro-electronics, populated PCBs, optical components for broadband networks, power electronics systems, connectors, cables, subsystems and micro circuit assemblies used in products like MRI, ultrasound scanners, X-ray generators, set top boxes for cable TV, etc.

Sell -
Mergr

Product

Company

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