IMB Partners acquires Carr & Duff
Overview
IMB Partners, a private equity firm focused on utility and government services, sought a platform for growth in the mid-Atlantic region. IMB utilized Valufinder’s DealStar Acquisition Search Process to identify potential sellers meeting their criteria. Valufinder introduced IMB to Carr & Duff, a leading electrical construction company, as an ideal investment opportunity and helped facilitate the transaction.
Challenges
The transaction involved key considerations:
Cultural Alignment: Carr & Duff’s leadership, recognized for their industry expertise and commitment to quality, wanted a partner that aligned with their values and growth objectives.
Expansion Goals: IMB required a platform with solid regional presence and growth potential in the electrical services industry.
Solution
Valufinder facilitated the investment by:
Strategic Targeting: Through a focused search, Valufinder identified Carr & Duff as a strong fit for IMB’s expansion goals.
Confidential Negotiations: Valufinder managed introductions, meetings, and information exchanges, ensuring a seamless transaction process.
Outcome
IMB Partners successfully invested in Carr & Duff, with Carr & Duff’s experienced leadership team remaining in place to drive future growth. Thanks to Valufinder’s retainer search, IMB strengthened its utility services portfolio with a trusted industry leader, positioning Carr & Duff for continued expansion.