IMB Partners Acquires Carr & Duff with Minority Investment from Gemspring Capital
March 15, 2022
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.
- Targets
- Carr & Duff, Inc.
- Sellers
- Duff family (Bob, Eddie and Jack Duff)
- Industry
- Electrical Services
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.