Baymark Partners Acquires Rackmount Solutions (Bogey Free LLC)

Polargy Acquires Forge Racks & Dunnage

May 19, 2026

Industrial Services

Polargy announced the acquisition of Forge Racks & Dunnage, a Connersville, Indiana-based manufacturer of data center skids, industrial racks, and custom steel fabrication. The deal adds 160,000 sq. ft. of manufacturing space and expands Polargy’s North American manufacturing footprint to over 550,000 sq. ft., enhancing its capacity for large, complex white-space and grey-space data center infrastructure programs.

Mountaingate Capital Backs Damotech as Damotech Combines with Mac Rak to Form Rack Safety Leader

January 9, 2024

Industrial Services

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.

Rackmount Solutions (Baymark Partners) Acquires Challenge Technology

August 31, 2022

Electrical Services

Rackmount Solutions, a portfolio company of Baymark Partners, acquired Challenge Technology, Inc., a Colorado-based provider of power quality products, consulting and maintenance services. The add-on transaction closed on August 31, 2022 and expands Rackmount/Baymark's capabilities and regional presence in the Rocky Mountain market.

Rackmount Solutions Acquires Newbart Products

June 15, 2022

Logistics & Distribution

Rackmount Solutions, a portfolio company of Baymark Partners, acquired Newbart Products, Inc., a Houston-based distributor of identification card equipment and supplies. The transaction closed on June 15, 2022 and expands Rackmount's product and channel capabilities in the healthcare, government and education end markets across Texas.

LaSalle Capital Acquires BOF Corporation

November 16, 2021

Manufacturing

LaSalle Capital, with mezzanine support from NewSpring Mezzanine and investment participation from Everside Capital Partners, completed the acquisition of BOF Corporation, a manufacturer of gravity-flow refrigerated shelving headquartered in Aurora, Illinois. The transaction will partner LaSalle with BOF's existing management to accelerate growth, expand manufacturing capabilities, and deepen BOF's penetration into grocery, convenience and big-box retail channels.

Midwest Growth Partners Acquires Incorp Holdings

December 18, 2020

Industrial Services

Midwest Growth Partners led a transaction to acquire Incorp Holdings, LLC, with subordinated debt and equity provided by NewSpring Mezzanine (NewSpring Capital), Parkway Capital (Calvert Street), Lowe Capital, Spring Capital, Pete Vrettakos, and Incorp's senior management team. Incorp, an Evansville, Indiana-based specialty contractor providing insulation, scaffolding and multi-craft industrial services, will use the proceeds to expand service lines and geographic coverage to support organic and acquisitive growth.