Investment Summary

IMB Partners Invests In Elite Brands

On January 1, 2021, private equity firm IMB Partners invested in distribution company Elite Brands

Investment Highlights
  • This is IMB Partners’ 1st transaction in the Distribution sector.
  • This is IMB Partners’ 5th transaction in the United States.
  • This is IMB Partners’ 2nd transaction in Massachusetts.

Investment Summary
Date 2021-01-01
Target Elite Brands
Sector Distribution
Investor(s) IMB Partners
Deal Type Growth Capital

Target

Elite Brands

Norfolk, Massachusetts, United States
Elite Brands is a sales, marketing and distribution company that supplies perishable, semi-perishable and non-perishable products to DECA. Elite is the primary supplier of over 40 brands and hundreds of products to military commissaries and exchanges around the world. Elite Brands was founded in 2000 and is based in Norfolk, Massachusetts.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

IMB Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2010
Size Small
Type Sector Agnostic
DESCRIPTION

IMB Partners is a private investment firm focused on investing in and acquiring middle-market companies ($10 to $250 million of revenue) in partnership with management teams. The Firm has a special interest in companies that supply large corporations and the government. IMB Partners was formed in 2010 and is headquartered in Bethesda, Maryland.

DEAL STATS #
Overall 5 of 9
Sector (Distribution) 1 of 2
Type (Growth Capital) 5 of 9
State (Massachusetts) 2 of 2
Country (United States) 5 of 9
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-29 Ashburn Consulting

Leesburg, Virginia, United States

Ashburn Consulting is an information technology consulting firm that specializes in providing network engineering and cybersecurity solutions to federal, state and local governments and commercial clients. Ashburn Consulting is based in Leesburg, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-19 Richmond Wholesale

Richmond, California, United States

Richmond Wholesale is a wholesale food distributor serving the military around the world. Richmond Wholesale provides frozen, chilled, and dry food solutions. Richmond Wholesale was founded in 1959 and is based in Richmond, California.

Buy -
Mergr

Product

Company

Legal