Private Equity Firm Business Services

IMB Partners

Bethesda, Maryland, United States

IMB Partners (IMB) is a private investment firm focused on growing companies via acquisitions and partnerships in utility and infrastructure services, and government contracting (GovCon) businesses that support local, state, and/or Federal agencies.

Focus Areas
Utilities and infrastructure services, Government contracting (GovCon), IT staffing and services
Website
imbpartners.com

Tracked deals

7

7 tracked deals across 2020-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Growth capital

5 growth capital · 2 buyout

IMB Partners Acquisition Volume by Year

Last 6 years

Acquisition volume by year Annual acquisition counts for the last 6 years for IMB Partners. 1 2020 1 2021 2 2022 1 2023 1 2024 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    IMB Partners
    Target
    Strategic Land Services
    Type
    Buyout

    IMB Partners acquired Strategic Land Services (SLS), a Georgia-based heavy civil contractor focused on site preparation and infrastructure services for electric utility projects. The transaction was finalized in late May, and financial terms were not disclosed.

  • Buyer
    IMB Partners
    Target
    Ashburn Consulting LLC
    Industry
    IT Services

    IMB Partners completed a growth equity investment in Ashburn Consulting LLC, a Northern Virginia-based IT consulting firm that provides network engineering and cybersecurity services to federal, state and local government agencies as well as commercial clients. The minority growth investment is intended to support Ashburn’s continued expansion of capabilities and government contracting presence.

  • Buyer
    IMB Partners
    Target
    eTelligent Group

    IMB Partners, a middle-market private equity firm, has made a strategic investment in eTelligent Group, a provider of digital transformation, DevSecOps, PMO and cybersecurity services to the U.S. federal government. The partnership will provide eTelligent Group with capital and operational support to scale organizational capabilities, pursue larger contracts, diversify its customer base beyond the IRS, and explore acquisitions.

  • Buyer
    IMB Partners, Stonehenge Capital Company
    Target
    Farwest Corrosion Control Company

    IMB Partners, a middle-market private equity firm, made a strategic growth investment in Farwest Corrosion Control Company, a Downey, California-based cathodic protection and corrosion-control services and products provider. Stonehenge Capital Company provided a uni-tranche SBIC financing solution to support the transaction; Farwest will continue to be led by its existing management team as IMB helps expand its utility and infrastructure services capabilities.

  • Buyer
    IMB Partners, Gemspring Capital Management, LLC
    Target
    Carr & Duff, Inc.
    Seller
    Duff family (Bob, Eddie and Jack Duff)
    Type
    Buyout

    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.

  • Buyer
    IMB Partners
    Target
    Richmond Wholesale Meat Co.
    Industry
    Food & Beverage

    IMB Partners has made a growth equity investment and recapitalization in Richmond Wholesale Meat Co., a Richmond, California–based food manufacturer and long-time supplier to the U.S. military. The investment will fund strategic growth initiatives and expand Richmond's manufacturing and distribution capabilities; DCA Partners and Flaherty Capital Markets served as financial advisers and PNC Bank and Prudential Private Capital acted as lending partners.

  • Buyer
    IMB Partners
    Target
    Ashburn Consulting LLC
    Industry
    IT Services

    IMB Partners completed a growth equity investment in Ashburn Consulting LLC on July 14, 2020, partnering with the Northern Virginia IT and cybersecurity firm to support its expansion. The investment expands IMB's presence in government IT services and will help Ashburn scale its network engineering, cybersecurity, and managed services for federal, state, local and commercial clients.

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