TrueNorth acted as exclusive financial advisor to NPR-Riken Corporation on its acquisition of 100% of the capital stock of Hastings Holding Corp. In addition to expanding its “next core businesses” into non-ICE fields, the NPR-RIKEN is working expand its “next core businesses” into non-ICE fields and to achieve stable profitability through market share increases in its core piston ring business, including the replacement ring aftermarket.