#United States #Los Angeles #Vance Street #warehouse safety #Damotech

Vance Street Capital Partners with Damotech

On November 13, 2025, Vance Street Capital, a Los Angeles-based private equity firm, officially announced its strategic partnership with Damotech, a top-tier provider specializing in warehouse rack safety solutions. This collaboration aims to bolster Damotech's growth and enhance its innovative offerings in the aftermarket service sector.

A Significant Investment

This transaction marks Vance Street's sixth investment from their Vance Street Capital IV fund and the fourteenth overall in the industrial technology safety market. Joining Vance Street in this venture are Mountaingate Capital and Damotech's management team, who have made significant reinvestments to further solidify the bond between the organizations.

Leading the Safety Charge

Under the astute leadership of CEO Eric Naaman, Damotech has carved out a niche as the largest provider of rack safety solutions in North America, blending engineering services with tailored safety products and proprietary software to ensure the safety of warehouse operations. Over the past 15 years, the company has shown a remarkable ability to maintain a double-digit annual growth rate, reflecting the increasing demand for safety-oriented solutions in various industries.

Eric Naaman expressed enthusiasm about the partnership, stating, "Vance Street's track record of supporting management-friendly growth paired with their extensive experience in scaling safety-focused businesses created an ideal synergy for our growth objectives. This partnership will enable us to advance our growth initiatives while preserving our strong corporate culture and core values."

A Collaborative Future

Steve Sandbo, a partner at Vance Street, echoed Naaman's sentiments, highlighting the importance of Damotech's unique offerings. He stated, "We are excited to partner with Damotech as it embarks on its next chapter of growth. Their innovative approach to warehouse safety strongly aligns with our mission of backing best-in-class engineered-solution firms with a primary focus on safety. We are eager to collaborate with Damotech’s leadership team and Mountaingate to fuel further expansion and growth, all while preserving the company’s strong culture and dedicated mission."

Vance Street Principal, Yousaf Tahir, added that the firm’s unique experience in safety-centered industrial technologies presents a fantastic opportunity for synergy with Damotech. "We are looking to support growth into new geographic areas and product lines while strategically targeting mergers and acquisitions to accelerate these initiatives."

Legal and Financial Advisors

For this transaction, Paul Hastings LLP and Borden Ladner Gervais LLP provided legal counsel to Vance Street, while Harris Williams acted as the financial advisor for Damotech. Also involved were legal advisors Hogan Lovells, BCF Business Law, and Davies Ward Phillips Vineberg, ensuring a smooth process during this crucial partnership. The financial particulars of the deal have not been disclosed, but debt financing was secured through the Bank of Montreal and Apogem Capital.

About Damotech

Founded in Boisbriand, Quebec, Damotech specializes in rack safety, providing a comprehensive range of engineering services and rack safety protection products. With an emphasis on creating safer work environments,Damotech addresses warehouse rack safety challenges through top-tier inspections by knowledgeable engineers and high-quality repair solutions. Their goal is to provide sustainable solutions to recurring safety issues, prioritizing the well-being of employees in the workplace.

For more details, explore the offerings of Damotech at www.damotech.com.

About Vance Street Capital

Vance Street Capital focuses on investments in engineered solutions across industrial technology, medical fields, life sciences, and aerospace and defense sectors. Their commitment to collaborating with management teams and family-owned businesses aids in propelling revenue growth and operational efficiency within their portfolio companies. To learn more, visit www.vancestreetcapital.com.

About Mountaingate Capital

This Colorado-based private equity firm aligns with entrepreneurial founders to accelerate growth and establish industry leaders. Through their focus on organic growth and customer-centric strategies, Mountaingate has successfully transformed numerous businesses into collaborative success stories. With over $1.4 billion in assets under management, they have targeted investments in several sectors, including business services and specialty manufacturing. More information can be found at www.mountaingate.com.