CenterGate Capital Acquires RC Rasmussen Corporation from Mangrove Equity Partners

CenterGate Capital Acquires The Marena Group from The Riverside Company

June 26, 2025

Medical Devices

CenterGate Capital, an Austin-based private equity firm, has acquired The Marena Group, a Lawrenceville, Georgia-based manufacturer of medical-grade compression garments, from The Riverside Company. CenterGate said the investment will provide capital and strategic resources to support Marena's next phase of growth while Marena's CEO Dale Clendon will remain in place.

CenterGate Capital Affiliate Invests in Poseidon Barge

August 7, 2023

Manufacturing

CenterGate Capital's affiliate has made a growth investment in Poseidon Barge, a Berne, Indiana-based manufacturer and rental provider of sectional barges for marine infrastructure. Founder Donnie Fain and President Mary Habegger-Fox will remain with continued ownership and management as Poseidon pursues growth and capability expansion across its North American operations.

CenterGate Capital Invests in RC Rasmussen Corporation

June 3, 2022

Industrial Services

CenterGate Capital's affiliate has made a growth investment in RC Rasmussen Corporation, a Seattle-based provider of specialized marine infrastructure equipment rental, sales, and service support. The capital will be used to expand Rasmussen's capabilities and geographic reach across North America while President Dan Ellis remains in place.

RCap Acquires Controlling Stake in Douglas-Guardian; Farragut Provides Unitranche Debt

January 15, 2020

Financial Services

RCap Equity Partners (also referenced as RCap Investors, LLC) has acquired a controlling interest in Douglas-Guardian Services Corporation, a Houston-based provider of collateral monitoring, inspection and management services for asset-based lenders. Farragut Capital Partners provided unitranche debt financing to support the transaction; RCap intends to partner with Douglas-Guardian management to grow the business and expand its service and technology capabilities.

CenterGate Capital Invests in Naumann/Hobbs Material Handling

October 1, 2019

Industrial Services

CenterGate Capital has made an investment to acquire Naumann/Hobbs Material Handling, a Phoenix-based material handling equipment and service platform. Stellus Capital Management provided senior debt financing to support the transaction; the company was previously held by HCI Equity Partners and will use CenterGate's backing to expand its aftermarket service, parts platform and territorial reach across the Southwest.

CenterGate Capital Invests in Mid-State Industrial Maintenance

January 12, 2019

Industrial Services

Austin-based private equity firm CenterGate Capital has made an investment in Mid-State Industrial Maintenance, a Lakeland, Florida-based provider of on-site and off-site industrial maintenance and fabrication services. The investment will provide capital and strategic resources to support Mid-State's capability growth and geographic expansion across the southeastern United States, while CEO Jeff Clyne will continue to lead the company and serve on its board.