Rackmount Solutions, a server rack and services provider and a portfolio company of Baymark Partners, has acquired Challenge Technology, a provider of power products, consulting and maintenance services.
Challenge provides services that aim to fit specific client power quality needs. The company primarily provides products and services to end users, commercial businesses, distributors and contractors in Colorado, Utah and Wyoming. Generational Equity, a mergers and acquisitions advisor for privately held businesses, advised Challenge Technology in the transaction.
“I am delighted that we were able to be a part of making this transaction a success,” comments Donald Beezley, senior mergers and acquisitions advisor at Generational Equity.