CenterGate Capital Invests in RC Rasmussen Corporation

CenterGate Capital Acquires RC Rasmussen Corporation from Mangrove Equity Partners

August 18, 2022

Industrial Services

Mangrove Equity Partners announced the sale of RC Rasmussen Corporation, a Seattle-based provider of specialty marine infrastructure rental solutions, to CenterGate Capital. The transaction facilitated the fourth-generation Rasmussen family’s exit and transfers ownership to CenterGate after Mangrove and partner Hunter Equity Capital rebuilt management, expanded east-coast relationships and modernized operations.

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 JRTech Solutions

July 28, 2025

IT Services

CenterGate Capital, an Austin-based private equity firm, announced an investment in JRTech Solutions, a Montreal-headquartered provider of electronic shelf labels (ESL) and robotic inventory management technology for North American retailers. JRTech’s CEO Diego Mazzone will remain in place as the company partners with CenterGate to accelerate product innovation and expand service capabilities across grocery, pharmacy and hardware retail end markets.

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.

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 Growth Equity in AC Photonics

January 11, 2018

Manufacturing

CenterGate Capital, L.P. made an equity investment in AC Photonics, Inc., a Santa Clara-based manufacturer of precision optical and fiber-optic components and modules. Dinan Capital Advisors served as exclusive financial advisor to AC Photonics and its shareholders in the transaction, which provides capital and strategic support to accelerate the company's growth and operations.