IMB Partners Invests in Farwest Corrosion Control Company

Westcap-Led Syndicate Invests in Inland Steel Products Inc.

January 9, 2025

Environmental Services

Westcap Mgt. Ltd., through a syndicate of Westcap-managed funds including Westcap MBO III Investment LP and Golden Opportunities Fund Inc., completed a growth investment in Inland Steel Products Inc., a family-owned metal recycler headquartered in Saskatoon, Saskatchewan. The capital will accelerate Inland Steel’s expansion plans across Western Canada while enabling the family to remain involved in the business.

Stuart Steel Protection Acquires Assets of Northwestern Cathodic

November 8, 2023

Industrial Services

Stuart Steel Protection (owned by Integrated Utility Services) has agreed to acquire the assets of Colorado-based Northwestern Cathodic, expanding SSP's geographic footprint into Colorado and South Carolina and roughly doubling its workforce. The asset purchase will broaden SSP's corrosion-control product offerings and service capacity; Northwestern Cathodic Founder & President Chris Moore will join SSP as Chief Strategy Officer.

Bain Capital Acquires Controlling Stake in Archwest Capital

July 8, 2024

Financial Services

Bain Capital has made a significant growth investment to acquire a controlling stake in Archwest Capital, a national lender focused on non-owner-occupied residential and multifamily real estate financing. Management, led by CEO Shawn Miller, will retain a meaningful minority stake; financial terms were not disclosed. Bain will provide capital and operational resources to help Archwest scale its suite of fix-and-flip, bridge, construction, rental and multifamily lending products.

SCF Partners Invests in Westbrook Energy Group

November 15, 2022

Manufacturing

SCF Partners, a Houston-based private equity firm, announced an investment in Westbrook Energy Group, a Houston manufacturer of pressure-control fittings and flanges for downstream, natural gas distribution, LNG, upstream and industrial markets. The capital and partnership with SCF are intended to support Westbrook's next phase of growth, expand offerings and strengthen its position serving energy and industrial customers.

Iron Creek Partners Recapitalizes Midwest Backgrounds (MBI Worldwide)

December 3, 2021

Professional Services

Iron Creek Partners led a recapitalization of Midwest Backgrounds, Inc. (MBI Worldwide) in a transaction that closed in September 2021, with participation from MBI's management team and Main Street Capital Corporation. The investment provides growth capital to support MBI's expansion of its employment background screening and consumer reporting services; financial terms were not disclosed.

IMB Partners Acquires Carr & Duff with Minority Investment from Gemspring Capital

March 15, 2022

Electrical Services

IMB Partners has made a majority growth investment in Carr & Duff, a Huntingdon Valley, Pennsylvania-based specialty electrical construction contractor; the Duff family will remain involved and retain meaningful ownership. Gemspring Capital provided a strategic minority equity investment to support IMB's transaction, while MidCap Financial provided senior debt financing.