Paceline Affiliate Invests $40M in Kassel Mechanical to Support Acquisition of Arrow Electric

Paceline Affiliate Provides $50 Million Investment to Kelso Industries

November 27, 2023

HVAC & Mechanical

An affiliate of Paceline Equity Partners has provided a $50 million investment to Kelso Industries, a portfolio company of Oxbow Equity Partners and Peterson Partners. The capital will be used by Kelso to fund acquisitions of complementary HVACR and mechanical building services businesses as it pursues inorganic growth. Kelso provides installation and maintenance services for HVACR, plumbing and process piping systems and is based in Phoenix, Arizona.

Affiliates of Paceline Equity Invest in Everflow Supplies

June 4, 2025

Building Products

Affiliates of Paceline Equity Partners have made a meaningful equity investment in Everflow Supplies, a national master distributor of plumbing, electrical, fire protection, and industrial products. The deal provides growth capital to accelerate Everflow's expansion and build on its distribution footprint; Everflow founder David Templer retains a meaningful stake and Andrew Pacifico was named CEO.

Paceline Equity Partners Affiliate Acquires AHF Products from American Industrial Partners

February 2, 2022

Building Products

An affiliate of Paceline Equity Partners has agreed to acquire AHF Products, the largest hardwood flooring manufacturer in North America, from American Industrial Partners. The deal — announced November 10, 2021 and closed in February 2022 — will position Paceline to grow AHF organically and via M&A while leveraging the company's manufacturing footprint and multi-channel distribution.

Kava Equity Partners (Southern Ute Growth Fund) Acquires Arrowhead Contracting

October 10, 2024

Environmental Services

Kava Equity Partners, the direct private equity arm of the Southern Ute Indian Tribe Growth Fund, has acquired Arrowhead Contracting, an environmental remediation and general contracting firm headquartered in Overland Park, Kansas. Arrowhead — founded in 1990 — will retain its existing management team and will leverage Kava and the Growth Fund's resources to expand its federal and commercial remediation and construction capabilities.

Affiliates of Paceline Equity Partners Acquire R.E.L.A.M. and Affiliated Rail Maintenance Businesses

July 2, 2020

Transportation

Affiliates of Dallas-based private equity manager Paceline Equity Partners have acquired R.E.L.A.M., Inc. along with affiliated businesses Acme Construction Co., Inc. and Timiny RR Construction, Inc. The assets will be combined with Paceline's existing platform 1435 Rail, creating a larger rail maintenance-of-way equipment lessor and services business with a diversified fleet and expanded service offerings.

Affiliate of Paceline Equity Partners to Acquire Substantially All Assets of Quick Fitting, Inc.

November 30, 2020

Building Products

An affiliate of Paceline Equity Partners, a Dallas-based private equity manager, was the successful bidder to acquire substantially all assets of Quick Fitting, Inc. as part of a receivership process, with closing anticipated on December 16, 2020. Quick Fitting, headquartered near Providence, Rhode Island, manufactures push-to-connect fittings used across plumbing, electrical, HVAC and fire suppression end markets; Paceline plans to continue operating the business in Rhode Island and support its growth.