(Bethesda, MD – February 10, 2021) IMB Partners (IMB), a leading private equity firm focused on lower middle market companies serving government agencies and electric and gas utilities, announced today that Farrah Holder has been promoted to Managing Director, effective immediately.

Farrah joined IMB in 2016 and previously served the firm as a Director. Farrah leads deal sourcing, marketing, and other business development activities and currently serves on the board of e&e IT Consulting Services (e&e). With more than eighteen years of business development, marketing, and finance experience, she previously co-founded ThinkNXT Marketing, a boutique marketing firm. Farrah began her career as a financial analyst at Morgan Stanley. She has a B.S. in Commerce from the University of Virginia in Finance and Marketing and an MBA from The Wharton School at the University of Pennsylvania in Marketing and Entrepreneurial Management.

This promotion follows a period of unprecedented growth at IMB Partners. The firm recently announced a recapitalization and growth equity investment in Richmond Wholesale Meat Company, a leading food manufacturer and global exporter to the U.S. military. Other recent transactions include a growth equity investment in Ashburn, a leading network engineering and cybersecurity solutions provider to federal, state and local governments and commercial clients; the recapitalizations of Alder Foods, one of the largest suppliers of grocery products to the U.S. military; e&e, an IT services and consulting firm serving government and commercial clients; and LaFata Contract Services, a project and construction management firm focused on helping utilities deliver major infrastructure projects.

“I would like to congratulate Farrah on her contributions and well-earned promotion at our firm,” says Tarrus Richardson, CEO. “Last year was a pivotal one for the growth of IMB’s team and partner companies. Our combined team remains highly energized and focused on serving our portfolio companies, investor and financing partners, and other stakeholders.”