New Mountain buys employee benefits biz from $6 billion private equity fund

Across lower middle-market private equity, fundraising momentum is increasingly colliding with the finite supply of founder-owned businesses available at attractive valuations.

Denver-based IMA Financial Group is a North American insurance brokerage and wealth management platform.

Azuria operates across the municipal water ecosystem, specializing in water and wastewater conveyance system maintenance, rehabilitation and treatment plant operations.