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Foros Group Foros is a boutique investment bank headquartered in New York. Founded in 2009 by former Deutsche Bank M&A chief Jean Manas, Foros provides advice on mergers and acquisitions and other corporate finance matters. In its first months of operation, Foros advised Virgin Mobile USA on its $680 million sale to Sprint Nextel〔(Wall Street Journal, Sale of Virgin Mobile )〕〔(Bloomberg, Sale of Virgin Mobile )〕 and Ciena Corporation on its $520 million purchase of Nortel’s Metronet Ethernet Networks.〔(Ciena Acquisition )〕 In November 2009, Foros advised IMS Health in its $5.2 billion acquisition by the private equity firm TPG and the Canada Pension Plan.〔(Sale of IMS )〕 This was the largest private equity sale in 2009. After its initial year, the firm has played a role in several large transactions. In 2010, Foros advised Interactive Data Corp. (IDC) in its $3.4 billion acquisition by Silver Lake Partners and Warburg Pincus.〔(Wall Street Journal, Sale of IMS )〕 In 2011, Foros advised Medco on its $28.5 billion sale to Express Scripts with JP Morgan and Lazard.〔(Businessweek, 33.57B for Medco Health Solutions, Inc )〕 ==References== 〔
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