LFM Capital Completes Sale of Accelevation
NASHVILLE, TN – January 2, 2025 – LFM Capital, a private equity firm focused on lower middle market manufacturing and industrial services businesses, announced today the sale of Accelevation LLC (“Accelevation”) to Olympus Partners. Financial terms of the transaction were not disclosed.
Accelevation, headquartered in Miamisburg, Ohio, with over 500,000 square feet of manufacturing capacity, is a leading provider of infrastructure products and services to the data center market. The company’s vertically integrated offering includes white space design, custom manufacturing, and installation services to hyperscale, colocation, and enterprise customers.
Founded in 2018, Accelevation partnered with LFM Capital in August 2022 to support its rapid growth. Initially a manufacturer of data center infrastructure products, the company completed three add-on acquisitions in 2023. Most notable was the acquisition of Instor, which transformed Accelevation into a vertically integrated provider for data center infrastructure solutions and services.
During LFM’s investment, the Accelevation team expanded into new facilities, introduced new product and service lines, implemented a new ERP system, and improved manufacturing operations.
Chris Lin, Managing Director at LFM, commented, “It has been an honor to work with the Accelevation management team led by Michael Rubiera. They have done an incredible job moving fast and innovating to serve the rapidly growing and demanding data center industry.”
Michael Rubiera, Accelevation Founder and CEO, added, “We’re grateful to have been partners with LFM during this foundational stage of the Accelevation story. Their operational and strategic support in the rapid scaling of our business validated the reason we chose to partner with LFM in 2022. We’re excited to join forces with Olympus in this next phase of our growth trajectory.”
Steve Cook, LFM Executive Managing Director, added, “This sale is a testament to the hard work, innovation, and dedication of the Accelevation team and their ability to take advantage of the opportunities in the data center industry. We’re thrilled to have been able to support them along the way.”
The Accelevation sale marks the first realization from LFM Capital’s third fund, and eighth realization overall.
Houlihan Lokey acted as financial advisor to Accelevation and LFM Capital. Bass, Berry & Sims acted as legal counsel.
About LFM Capital
LFM Capital is a private equity firm based in Nashville, Tennessee. The LFM team is led by experienced and successful Fortune 50 global executive managers and private equity professionals who bring decades of management leadership, operating best practices, exceptional professional recruiting networks, and a successful track record in lower middle market investing. LFM targets lead or control investments in U.S.-based lower middle market manufacturing and industrial services companies with at least $3 million of EBITDA and enterprise values ranging from $15 million to $125 million. The firm’s mission is to partner with portfolio company management to develop and build world-class operations through a combination of manufacturing and operations excellence and targeted growth and expansion strategies. For additional information, please visit www.lfmcapital.com.
About Accelevation
Accelevation is a vertically integrated manufacturer specializing in data center white space infrastructure products within the technology sector. The company offers full-service design and installation solutions, focusing on delivering speed, efficiency, and value throughout the entire project life cycle for hyperscale, colocation, and enterprise data center operators. Accelevation primarily serves the data center industry with its innovative infrastructure solutions. It was founded in 2018 and is based in Miamisburg, Ohio. For additional information, please visit www.accelevationllc.com.