M&A Deal Summary

Paceline Equity Partners Acquires RELAM

On July 2, 2020, private equity firm Paceline Equity Partners acquired construction company RELAM

Acquisition Highlights
  • This is Paceline Equity Partners’ 1st transaction in the Construction sector.
  • This is Paceline Equity Partners’ 3rd transaction in the United States.
  • This is Paceline Equity Partners’ 1st transaction in Ohio.

M&A Deal Summary
Date 2020-07-02
Target RELAM
Sector Construction
Buyer(s) Paceline Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

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.

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Buyer(S) 1

Buyer

Paceline Equity Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2018
PE ASSETS 350M USD
Size Middle-Market
Type Sector Agnostic
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 3 of 6
Sector (Construction) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 2
State (Ohio) 1 of 1
Country (United States) 3 of 6
Year (2020) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-02 Progress Rail Equipment Leasing

Albertville, Alabama, United States

Progress Rail Equipment Leasing is a lessor of railroad maintenance-of-way (MOW) equipment and services. Progress Rail Equipment Leasing is based in Albertville, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-30 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.

Buy -
Mergr

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