Caleb Chu

Caleb Chu is a Managing Director of TrueNorth Capital Partners LLC. His primary role is expanding TrueNorth’s global footprint and providing buy and sell side clients with access to international deal opportunities.

Prior to joining TrueNorth, Caleb started his career at Esselte, a J.W. Childs Associates portfolio company. At Esselte, Caleb led geographic, channel, brand and product expansions within China and the rest of Asia. As Managing Director Asia, he drove operational improvements directly impacting EBITDA, working capital and service levels. Esselte was later acquired by ACCO Brands, a NYSE-listed consumer brands company. At ACCO, Caleb led the integration of Esselte Asia into ACCO Brands Asia, and as Managing Director India, drove triple-digit sales growth while overseeing the setup of ACCO’s India subsidiary. After completing his assignment with ACCO India, Caleb founded Denarius Consulting, which advises private equity portfolio companies, family businesses and startups in Asia.

Caleb has received a B.Sc. in Medical Sciences from Western University in Canada and an MBA from Columbia Business School and London Business School. He is currently a Ph.D. candidate at Singapore Management University, with his dissertation exploring how power and culture affect creativity. He combines this depth of understanding with his global exposure – having lived in Hong Kong, Sydney, Toronto, Shanghai, Singapore and now Connecticut – to bring clients bespoke insight and a curated approach to the M&A process.

In his previous roles as consultant, Caleb functioned as a designer and renovator of businesses. At TrueNorth, Caleb now serves as an investment banker to companies, while still bringing his experience as a designer and renovator. With buy-side clients, he shares an operational perspective to the acquisition process, highlighting synergies and flagging risks to post-merger integration; for sell-side clients, he provides support through the financial, operational, relational and emotional journey from entrepreneurship to value-capture. Caleb recognizes that each merger is unique in its power and culture dynamics and, when navigated correctly, can yield unions rather than merely transactions.