Press

Memorial for Amber McCants

November 4, 2020

Amber’s memorial service will be held Saturday, November 7th at 11:00 am ET. There are several ways to join the service. Please read on for further details.
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Investing in Customer Concentrated Businesses

September 15, 2020

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 base can prove to be a great long-term investment strategy. How and when can it work?
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Investing for Purpose and Profit – A Conversation with the Founder of IMB Partners

August 6, 2020

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.
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Trafalgar Capital Partners advises Ashburn Consulting on its Sale to IMB Partners

August 3, 2020

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.
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IMB Partners Acquires Ashburn Consulting, Expanding Its Presence in Government IT Services

July 29, 2020

(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 between IMB and Ashburn.
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Say Hello to Our New Team Members

July 16, 2020

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.
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We Are Rebranding and Launched a New Website!

July 14, 2020

IMB Development Corporation is changing its name to IMB Partners. We think our new name more closely reflects our commitment to partnerships and people first. With our new name, we also have new branding and a new website. Check us out and let us know what you think: www.imbpartners.com
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Gender Diversity and IRR: A Formula for Sustainable Progress

August 15, 2019

The statistics are discouraging. Women globally hold 18 percent of roles in private equity and 9.4 percent of senior roles, according to a 2017 PricewaterhouseCoopers report. This figure is even worse than venture capital (11.5 percent women in senior roles) and hedge funds (11.2 percent).
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Black Investment Firm Expands Into Gas And Electric Industry With Shrewd Acquisition – Black Enterprise

January 31, 2018

Tarrus Richardson, IMB’s CEO, says the partnership will allow LCS to potentially open new offices in Maryland, Illinois, and California. It will provide services to electric and gas utilities in those states as well as construction companies.
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IMB Development Corp invests in LaFata Contract Services – PE Hub

January 30, 2018

Tarrus Richardson, IMB’s CEO, says the partnership will allow LCS to potentially open new offices in Maryland, Illinois, and California. It will provide services to electric and gas utilities in those states as well as construction companies.
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IMB Development Corporation has made an investment in LaFata Contract Services, LLC – Everingham & Kerr, Inc.

February 01, 2018

Everingham & Kerr, Inc. announced today that IMB Development Corporation (“IMB”) has made an investment in LaFata Contract Services, LLC (“LCS”). Terms of the transaction were not disclosed.
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IMB Partners Invests In Lafata Contract Services

January 25, 2018

To Accelerate Growth of a Unique Utility Service Provider.
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2017 Highlights And Lafata Contract Services Acquisition

January 25, 2018

Happy new year! It’s becoming a tradition that we connect with you at this time of the year to reflect on the previous year and to celebrate and appreciate you for your continued interest and support of IMB Partners.
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IMB Partners invests in LaFata Contract Services – PE Hub

January 30, 2018

Tarrus Richardson, IMB’s CEO, says the partnership will allow LCS to potentially open new offices in Maryland, Illinois, and California. It will provide services to electric and gas utilities in those states as well as construction companies.
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Reflections on the Council of Urban Professionals (CUP) 10th Annual Leadership Gala

June 30, 2017

On the evening of June 28, 2017, over 500 individuals gathered at the Council of Urban Professionals (CUP) 10th Annual Leadership Gala to celebrate corporate excellence, diversity and inclusion, and giving back as a community. CUP is the largest leadership organization that connects, empowers, and mobilizes diverse business and civic leaders.
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How One CEO Leveraged A Two-Step Buyout

April 13, 2017

This article features the succession planning story of Linda and Tracy Etter from e&e IT Consulting. It was originally published on Axial Forum, which provides news and advice for CEOs and deal professionals.
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2016 Highlights And A Sincere Thank You To Our Supporters

February 16, 2017

This year is off to a fast start. Before we get too far into the year, we wanted to reflect on 2016 and thank you for your continued interest and support of our efforts to buy and/or build minority and women-owned businesses of scale that we can celebrate.
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IMB Partners Invests In Alder Foods Inc.

June 20, 2016

To Accelerate the Growth and Expansion of One of the Country’s Largest Suppliers to Military Markets.
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IMB Partners Invests In E&E IT Consulting Services Inc.

July 19, 2014

Commitment Will Accelerate the Growth and Expansion of the Premier IT staffing services firm in Central Pennsylvania and Surrounding Areas
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