Generational Equity advised on sale of Challenge Technology to Rackmount Solutions

Dallas –(Business Wire)–Generational Equity, a leading privately held M&A advisor, is pleased to announce the sale of its client Challenge Technology, Inc. to Rackmount Solutions, a Baymark Partners portfolio company. The deal closes on August 31, 2022.

Challenge Technology (Challenge), located in Louisville, Colorado, provides power quality products, consulting and maintenance services, and offers products from the most respected manufacturers in the industry. Therefore, Challenge offers customized solutions to meet specific customer power quality needs. The company primarily provides products and services to end users, commercial enterprises, distributors and contractors in Colorado, Utah and Wyoming. Challenge has built a solid reputation within the designated engineering community, resulting in the widespread use of its products in new construction projects.

Challenge works with some of the leading manufacturers in the industry, including: EATON / POWERWARE, HITEC POWER PROTECTION, XTREME POWER CONVERSION, APC / SCHNEIDER ELECTRIC, GE CRITICAL POWER, CITEL, ANORD MARDIX Power Distribution Units (PDUs), GENEREX and ENERSYS.

Rackmount Solutions (Rackmount), located in Plano, Texas, offers off-the-shelf, custom and niche server racks, server cabinets, wall mounts, portable cooling solutions, outdoor enclosures, batteries, integrated AC and DC power system solutions Solutions, rack accessories and power, and installation and maintenance services.

Rack mount serves any customer requiring computer systems and network peripherals. Thus, the resulting customer market is a function of the level of demand in the demanding industry. Typical customer markets include the technology industry, government and defense, retail, engineering and construction, and education.

Baymark Partners, based in Plano, Texas, is a growth-oriented private equity firm acquiring growing middle market services (healthcare, business and IT), distribution, manufacturing and technology support (SAAS and e-commerce) ) companies, providing liquidity to owners and providing companies with resources to accelerate their growth.

The professionals at Baymark Partners have more than 105 years of successful experience in acquiring, investing in and operating growth companies. Their experience ranges from early stage, high growth to fully fledged market leaders. This experience enables Baymark to implement the strategic and operational discipline needed to transform a middle-market company into a more mature and valuable market position.

Stephen Crisham, Executive Managing Director of M&A for Generational Equity West, Donald Beezley, Senior Advisor for M&A, and Chad Comroe, Managing Director of M&A, completed the transaction. Edward G. Weber, Executive Managing Director for North America, established the initial partnership with Challenge.

“I’m delighted that we were able to participate in making this transaction a success,” Beezley said.

About Generational Equity

Generation Equity, Generation Capital Markets (member FINRA/SIPC), Generation Wealth Advisor, Generational Consulting Group and DealForce are part of the Generational Group, one of North America’s leading M&A consulting firms headquartered in Dallas.

With more than 300 professionals in 16 offices across North America, these firms help business owners unlock their business wealth by providing growth advisory, M&A and wealth management services. Their six-step approach includes strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transaction services and wealth management.

For the third year in a row, M&A Advisor has named the company Investment Banking Company of the Year, Valuation Company of the Year 2020 and North American Investment Bank of the Year 2022. For more information, visit https://www.geneequityco. com/ or the Generational Equity press room.

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