#USA #Bethesda #IMB Partners #ee IT Consulting #continuation vehicle

IMB Partners Closes a Continuation Vehicle for ee IT Consulting Services

On October 23, 2025, IMB Partners, a prominent private equity firm based in Bethesda, Maryland, announced the successful closure of its single-asset continuation vehicle for ee IT Consulting Services, Inc. This investment vehicle was originally established in June 2014, with the current closeout signaling a pivotal moment following a fruitful refinancing process.

As part of the transaction, investors had the option to fully exit their investments or to roll their values into the newly forming continuation vehicle. This strategic move is set to propel ee IT Consulting into its next growth phase, maintaining the company's strong position in the IT consulting market.

During the lifespan of the investment, IMB Partners and the management team at ee executed a robust value creation strategy. This included significant geographical expansion into the Philadelphia area, the acquisition of E24x7 in Florida, and promoting internal leadership, which enhanced the organizational structure. A key refinancing step occurred in October 2018, ensuring the company was well-positioned to exit in September 2025.

Tarrus Richardson, the Founder and CEO of IMB Partners, expressed pride in ee’s development over the past decade. "This investment highlights IMB's commitment to collaborating with strong management teams to yield attractive long-term returns for investors. We are eager to commence with the continuation vehicle, which allows us to build upon the solid platform that ee has established," he stated.

Alecia Justice, President of ee IT Consulting Services, echoed these sentiments, remarking that IMB has been instrumental in supporting their growth, aiding them in cementing their place as a leading provider in the IT service sector. She conveyed optimism regarding future endeavors with the continuation vehicle, emphasizing both the company’s ambition to forge ahead with its client base in Pennsylvania and Florida and its ongoing commitment to enhancing its service offerings.

Founded in Mechanicsburg, Pennsylvania, in 2002, ee specializes in IT consulting and staff augmentation services primarily for government entities at various levels. Its track record as a leading IT consulting vendor in Pennsylvania and an emerging player in Florida, coupled with a sustainable revenue model and robust cash flows, positions the company favorably for continued expansion.

About IMB Partners

IMB Partners invests in profitable, privately-held enterprises within the utility, infrastructure, IT, cybersecurity, and food sectors. With annual revenues typically ranging from $10 million to $250 million, IMB focuses on creating enduring value through deep partnerships with management teams, offering both capital support and operational expertise. The firm remains committed to its principle of fostering collaboration to drive growth and achieve sustainable success across all its investments.

In conclusion, the establishment of the continuation vehicle not only reaffirms IMB Partners' strategy of leveraging partnerships for investment growth but also signals an exciting new chapter for ee IT Consulting Services, as it aims to expand its influence within the fast-moving IT consulting landscape.