M&A Deal Summary

Paceline Equity Partners Acquires Quick Fitting

On November 30, 2020, private equity firm Paceline Equity Partners acquired manufacturer Quick Fitting

Acquisition Highlights
  • This is Paceline Equity Partners’ 1st transaction in the Manufacturing sector.
  • This is Paceline Equity Partners’ 4th transaction in the United States.
  • This is Paceline Equity Partners’ 1st transaction in Rhode Island.

M&A Deal Summary

Date 2020-11-30
Target Quick Fitting
Sector Manufacturing
Buyer(s) Paceline Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Quick Fitting

East Providence, Rhode Island, United States
Quick Fitting is a manufacturer and supplier of connection and fitting devices. The Company’s products provide cost‐effective, simple, and safe solutions for cable pulling and connecting copper, stainless steel, PEX, and CPVC piping in plumbing, electrical, HVAC, fire suppression, and other industrial end markets. Quick Fitting was founded in 2004 and is based in East Providence, Rhode Island.

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Buyer(S) 1

Buyer
DESCRIPTION

Paceline is a private equity manager focused on value-oriented and special situations investments across real assets, corporate debt, and private equity in all market environments. Paceline’s investment focus is on situational and event-driven circumstances. Paceline Equity Partners was formed in 2018 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 4 of 6
Sector (Manufacturing) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 2
State (Rhode Island) 1 of 1
Country (United States) 4 of 6
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-02 RELAM

Glenwillow, Ohio, United States

RELAM provides its customers with a comprehensive set of MOW solutions, including an expansive equipment fleet used to maintain critical railroad infrastructure along with complementary track maintenance services. The Company has set the industry standard for quality and dependability, providing its MOW equipment and services to a blue-chip customer base comprised of Fortune 500 railroad operators and contractors throughout North America. RELAM was founded in 1992 and is based in Glenwillow, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-10 AHF Products

Mountville, Pennsylvania, United States

AHF Products manufactures solid and engineered hardwood flooring products that are sold through full-line flooring distributors, big-box home centers, national flooring retailers, and hardwood specialty distributors under the well-known brand names of Armstrong, Bruce, Capella, Homerwood, Robbins, and T. Morton. AHF Products was founded in 2019 and is based in Mountville, Pennsylvania.

Buy -