Electric &
IMB Partners is a uniquely positioned private equity investment company that is committed to building large Minority Business Enterprise (MBE) certified companies that support the electric and gas utility sector in the United States.
The electric and gas utility sector is forecasted to spend hundreds of billions on maintenance and new infrastructure in response to updating outdated infrastructure and to increased demand from population growth.
Simultaneously, there is more awareness and interest from the gas and electric utility industry to do more business with MBE companies and companies that are good corporate citizens in their local markets.
The convergence of these factors positions IMB Partners to be a
value-added partner to the suppliers in this industry.
Industries where
diverse suppliers matter
In the Electric and Gas utility sector, IMB invests in middle market companies that support large electric and gas utility companies and their prime vendors. With our ownership, we have the ability to maintain or certify these businesses as a Minority Business Enterprise (MBE) if there is an incremental business advantage.
Targeted Sub-Sectors
- Electrical Construction
- Energy Efficient Management
- 5G Tower & Electric Vehicle Services
- Engineering, Procurement and Consulting
- Underground and Aerial Construction (non-union and union)
- Telecom & Infrastructure
- Cathodic protection and corrosion control
- Corrosion, Repair and Maintenance
- Vegetation Management
- Inspection
Targeted Customers
- Electric and Gas Utilities, Construction Contractors and Prime Vendors
Size
- $10 to $250 million in revenue
- $5 to $25 million of EBITDA; add-ons above $1.0 million
Partner Companies
- Carr & Duff
- Farwest Corrosion Control Company
- LaFata Contract Services (exited in August 2022)