Rackmount Solutions (Baymark Partners) Acquires Challenge Technology

Vance Street Capital Acquires Majority Interest in Damotech

November 13, 2025

Industrial Services

Vance Street Capital has acquired a majority stake in Damotech, the Boisbriand, Quebec-based provider of warehouse rack safety products, engineering services, and inspection software. Mountaingate Capital sold its majority interest but will reinvest alongside Vance Street, and Damotech management will retain a material ownership position as the buy-side partner supports geographic and product expansion and targeted M&A to accelerate growth.

Rhino-Rack (Clarus Corporation) Acquires Certain Assets of RockyMounts

December 9, 2024

Consumer Products

Rhino-Rack, a brand within Clarus Corporation, has acquired certain assets of RockyMounts, a Boulder, Colorado-based maker of bicycle transport products. The transaction, funded with cash on hand and with terms undisclosed, will integrate RockyMounts into Rhino-Rack’s Colorado facility while founder Bobby Noyes will remain on the innovation team to support product development and expansion into U.S. and Australian markets.

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 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.

Baymark Partners Acquires Rackmount Solutions (Bogey Free LLC)

November 24, 2021

Industrial Services

Baymark Partners acquired Bogey Free LLC, which does business as Rackmount Solutions, in a transaction that closed on November 15, 2021. Midwest Mezzanine provided subordinated debt and equity to support Baymark's acquisition; the deal gives the founder liquidity and positions Rackmount to scale organically and via future add-on acquisitions under Baymark's ownership.

Rallyday Partners Invests in Power Technologies to Acquire Anywhere Cart

July 8, 2021

Manufacturing

Rallyday Partners has made a growth investment in Power Technologies, LLC to complete Power Technologies' acquisition of Anywhere Cart, a maker of charging carts, cabinets and electronic accessories serving K-12, healthcare and industrial customers. Rallyday partnered with Power Technologies founder and CEO Kevin Mitchell to scale the platform and expand product offerings and end markets.