Mountaingate Capital Backs Damotech as Damotech Combines with Mac Rak to Form Rack Safety Leader
January 9, 2024
Denver-based private equity firm Mountaingate Capital made a strategic investment in Damotech to facilitate Damotech's combination with Lockport, Illinois-based Mac Rak. The transaction creates North America's leading rack safety specialist, combining engineering services, inspections, repair & protection products and a software platform to serve enterprise warehouse customers; the combined organization has roughly 200 employees across the United States and Canada.
- Buyers
- Mountaingate Capital, Damotech
- Targets
- Mac Rak
- Platforms
- Damotech
- Industry
- Industrial Services
- Location
- Illinois, United States
- Transaction Type
- Addon
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