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Kelvin Pennington - Dean's Advisory Council

Kelvin Pennington

Kelvin Pennington
Managing Director
IMB Development Corporation

Kelvin J. Pennington has been an Advisory Board Member to IMB since 2010 and became a Managing Director in 2020.  IMB is a private equity independent sponsor firm focused on making control acquisitions of lower middle market companies. From 1990 to 2020 Mr. Pennington served as the Managing Principal of Pennington Partners & Co. (PPC). PPC and its affiliated partnerships provided private equity investment management and financial consulting services to lower middle market sized companies. Prior to PPC, Mr. Pennington worked for Prudential Capital Corporation in various capacities including Vice President of Corporate Finance responsible for making and managing investments in middle market leveraged buyouts. Mr. Pennington received a BS in Industrial Management from Purdue University and an MBA degree from the University of Chicago Booth School of Business.