DENVER, Colo., June 4, 2026 – Mountaingate Capital (“Mountaingate”), a Denver-based private equity firm that employs a buy-and-build strategy to support lower middle market companies with significant growth potential and engaged leadership teams, is pleased to announce that Trace Baker has rejoined the firm as Vice President.
Trace brings a strong foundation of experience across private equity, corporate finance, investment banking, and rapidly scaling companies from an operating role. Before rejoining Mountaingate, Trace led finance and corporate development at Gridline, a venture-backed fintech platform providing wealth managers with private market investment solutions. Prior to Gridline, Trace was an Associate at Mountaingate and began his career as an investment banker with Harris Williams, where he worked in the transportation and logistics group. Trace holds a B.S. in Business Administration with a concentration in Finance and a double major in Leadership Studies from the University of Richmond.

“We are thrilled to welcome Trace back to Mountaingate. After completing the Associate program at Mountaingate, Trace joined Gridline, a high-growth fintech platform, in an operational leadership role where he spent the past four years helping navigate the company’s rapid expansion. That experience gives him an invaluable perspective in relating to and supporting our portfolio company executives who wrestle with similar challenges. We look forward to the impact Trace will have as an important part of our team,” said Bennett Thompson, Managing Director.

About Mountaingate Capital
Mountaingate Capital is a Colorado-based private equity firm that specializes in partnering with founders and entrepreneurial companies to accelerate growth and build industry leaders. Mountaingate’s focus on organic growth, coupled with its customer-centric buy-and-build approach for add-on acquisitions, and shared equity ownership with management, creates more value for the end customer, while forging stronger, more collaborative, and more successful investment partnerships with management teams. With over $1.4 billion of assets under management, Mountaingate targets investments in marketing services, business services, specialty manufacturing and distribution. For more information on Mountaingate, please visit www.mountaingate.com.