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Completed Transactions > Technology, Media & Telecom > Newbart Products Acquired By Rackmount Solutions

Newbart Products Acquired By Rackmount Solutions

Newbart Products

Date

Jun 2022

Region

Texas

We are pleased to share the sale of our client, Newbart Products, Inc., to Rackmount Solutions (a portfolio company of Baymark Partners). The transaction closed June 15, 2022.

Newbart Products (Newbart), located in Houston, Texas is a distributor of identification card equipment and supplies. It sells cameras for photo ID cards, software to create IDs, card printers, access technology cards, lanyards, strap clips, wristbands, and other related ID card accessories.

Newbart primarily serves hospitals, businesses, governmental organizations, and educational institutions. Primary geographic markets include Houston, Dallas-Fort Worth, and San Antonio/Austin. 

Located in Plano, Texas, Rackmount Solutions (Rackmount) provides 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, rack accessories and power, along with installation and maintenance services.

Rackmount serves any customer needing computer system and network peripherals. The resulting customer markets are therefore a function of the level of need by demand industries. Typical customer markets include the technology industry; government and defense; retail; engineering and construction, and education.

Located in Plano, Texas, Baymark Partners is a growth-oriented private equity firm acquiring growing middle market service (healthcare, business and IT), distribution, manufacturing and tech-enabled (SAAS and E-Commerce) companies, providing owners with liquidity and companies with resources to accelerate their growth.

The professionals at Baymark Partners possess over 105 years of successful experience in acquiring, investing and operating growth companies. Their experience ranges from early stage, high growth to fully developed market leaders. This experience gives Baymark the ability to implement strategic and operational discipline required to transition middle market companies to a more mature and valuable market position.

Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Gary Milleson, with support from Vice President, M&A, Jacob Mangalath, successfully closed the deal. Senior Managing Director Joe Van Voorhis established the original relationship with Newbart.

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Technology, Media & Telecom M&A Deals page.

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