PE firm True North looks to buy major stake in Home First Finance company for Rs 600 crore
Homegrown private equity firm True North, formerly Indian Value Fund, has entered into a binding agreement to acquire a majority stake in Home First Finance Company (HFFC) for about $100 million (Rs 600 crore), valuing the mortgage firm at $150-175 million, said a person involved in the transaction. HFFC, promoted by former Mphasis chairman Jaithirth… Read More »
