Blog - Farwest Corrosion Control Company Announces Strategic Investment from IMB Partners | Farwest Corrosion Control Company
Summary
DOWNEY, CALIFORNIA November 1, 2022 Farwest Corrosion Control Company, a leading provider of cathodic protection and corrosion control products, installation and engineering services worldwide, announced today that it has accepted a strategic investment from IMB partners. IMB Partners is a growth capital investment firm that works with businesses that support the electric and gas utility sector. We accepted this investment to further strengthen and expand our business going forward and are excited about the partnership, commented Troy Rankin, President.IMB Partners (IMB) is a leading middle-market private equity firm specializing in utility, industrial, and government contracting services. IMB and Farwest share the values of family-owned businesses, and we see tremendous opportunities to build on the growth that the company has achieved, said Tarrus Richardson, Founder and CEO of IMB Partners.Customers and suppliers have been advised about the partnership and exciting advancement. The firm also develops unique products like the DCPro Power Supply, Ref-Check VPR and the AC-10 Portable AC Current Density Coupon/Probe to address customer challenges.Farwest Corrosion Control Company is an industry pioneer and leader in comprehensive cathodic protection and corrosion control services and related products.