Deal Announcement
by Taureau Group
The team at Taureau Group, LLC is excited to announce that our client, Farwest Corrosion Company, Inc. (“Farwest”), has received a strategic growth investment from IMB Partners, a leading middle market private equity firm specializing in utility, industrial, and government contracting services.
Farwest, headquartered in Downey, California, is a cathodic protection and corrosion control services company. For over 60 years, Farwest has led the corrosion protection industry in materials design, distribution, project engineering and installation. Farwest is a recognized preferred supplier by major underground pipeline companies, based on its solutions-oriented approach, knowledgeable responsive team and high-quality products.
“Together, and with a great team, we have managed the business through incredible changes over the last 40 years,” said Troy Rankin, President of Farwest. “Going forward, the Farwest legacy will continue under the same leadership team, with a continued commitment to quality products and services.”
For more details, read the full press release here.
Taureau Group, LLC represented Farwest Corrosion Control Company, Inc. on the transaction.