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 to know them:

Kelvin Pennington,
Managing Director

• Over 35 years of private equity experience
• Invested over $500M in 20+ platforms
• Prior to IMB: Founder, Pennington Partners & Co.; VP, Corporate Finance for Prudential Capital
Corporation
• MBA, University of Chicago Booth School of Business; B.S, Purdue
• Loves the beach and warm weather

Derrick Weatherspoon,
Director

• Over 10 years of private equity experience
• Invested over $2.5Bn in 10+ platforms
• Prior to IMB: VP, Carlyle Group; Associate, Welsh, Carson, Andersen & Stowe; Associate/Analyst,
Lehman Brothers
• MBA, Harvard Business School; B.S., University of Maryland
• Enjoys spinning, basketball and is a foodie

Assiatu Williams,
Senior Associate

• Over 5 years of private equity experience
• Prior to IMB:, Senior Associate, Carlyle Group; Analyst, Credit Suisse
• MBA, The Wharton School at the University of Pennsylvania; B.S., University of Virginia
• Enjoys boxing, hiking, painting, pottery, and historical documentaries

Vourneen Clifford,
Executive Assistant

• Over 15 years of executive assistant, HR, and energy consulting experience
• Prior to IMB: Global Energy Consultant, Pace Global Energy Services; HR/Admin Assistant, U.S.
Department of State; Petroleum Engineer, Statoil Energy, Inc.
• MS, University of Pittsburgh; B.S., University of California, Berkeley
• Is an avid skier and enjoys National Parks

We remain active during these times and continue to seek new deals:  Electric & Gas Utilities and/or Government Contracting (GovCon) Suppliers

Areas of focus:

• Provide professional or construction services to electric and/or gas utilities

• IT staff augmentation or solution providers serving government and/or commercial clients

Investment Criteria

• EBITDA: $5-$25M; add-ons as low as $1M

• Capex less than 15% of EBITDA

• Proven owner or management team willing to reinvest 25% or more of proceeds

We are always happy to hear from you. If you have any questions, investment ideas or thoughts, please do not hesitate to reach out. As always, we thank you for your support.