On December 31, 2020, IMB Partners (“IMB”) recapitalized and made a growth equity investment in Richmond Wholesale Meat Company (“Richmond”).  Founded in Richmond, California in 1959 by the Doellstedt family, Richmond is a leading food manufacturer and global exporter to the US military. Richmond is led by the second generation of the founding Doellstedt family with […]

LPs are actively seeking opportunities to improve their returns and provide opportunities for emerging, woman run and diverse fund managers. Fewer than one in 10 senior Private Equity professionals are women. Amid increased PE fund manager competition and historical rich valuations, PE returns have continued to trend downward. Following a successful ACG NY LP, GP […]

ACG Atlanta & NAIC hosted a discussion on increasing the flow of capital to diverse investment managers. The expert panel, which included Farrah Holder from IMB Partners, addressed diversity in driving middle market growth, the current state of the industry, and provided their perspectives into what lies ahead. This virtual event was presented to the Atlanta […]

WASHINGTON, December 7, 2020 – To help support early-career women interested in exploring careers in alternative investments, the National Association of Investment Companies (NAIC) and the Toigo Foundation (Toigo) today announced a partnership to launch the NAIC Paradigm Changers Undergraduate and Graduate Internship Program, which includes education, career development programming, mentoring, and internships targeting undergraduate and […]

It is with heavy hearts that we are sharing that our dear friend and colleague, Amber McCants, passed away on October 23, 2020 due to complications from lupus. Amber joined IMB in 2012 as a Managing Director and made significant contributions to our growth and success over the last eight years. She was an incredible […]

Customer concentration – something you’ll rarely ever see on an investor’s M&A criteria checklist. And for good reason, too. Losing one customer from a concentrated customer base can have a profound impact on a business’ bottom line. BUT, in the right situations, and with the right capital partner, investing in businesses with a concentrated customer […]

Tarrus Richardson’s journey through the world of private equity has been nothing short of inspiring. From the floors of Solomon Brothers in the 90s, to starting an investment bank in Ghana, to the eventual founding of his current firm, IMB Partners, Tarrus has dedicated his professional life to making a difference. Today, the IMB portfolio […]

WASHINGTON, Aug. 3, 2020 /PRNewswire/ — Trafalgar Capital Partners, LLC (“TCP”) is pleased to announce that it was the exclusive advisor to Ashburn Consulting LLC (“Ashburn“) on its acquisition by IMB Partners (“IMB”). The transaction led by Managing Director Frantz Casseus, and seller counsel was Venroy July of Miles & Stockbridge. Tarrus Richardson, IMB’s CEO is “excited about our new partnership […]

(Bethesda, MD – July 29, 2020) On July 14, 2020, IMB Partners (“IMB”) made a growth equity investment in Ashburn Consulting LLC (“Ashburn”), a leading Northern Virginia-based information technology consulting firm that specializes in providing network engineering and cybersecurity solutions to federal, state and local governments and commercial clients. The investment commences a long-term partnership […]

We Welcome Kelvin, Derrick, Assiatu and Vourneen We are growing! Over the last six months, we have created more leverage and capacity by adding four new team members: Kelvin Pennington, Derrick Weatherspoon, Assiatu Williams, and Vourneen Clifford. They look forward to working with you. Here are some useful and fun facts to help you get […]