Affiliates of Paceline Equity Partners Acquire R.E.L.A.M. and Affiliated Rail Maintenance Businesses
July 2, 2020
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.
- Buyers
- Paceline Equity Partners, LLC
- Targets
- R.E.L.A.M., Inc., Acme Construction Co., Inc., Timiny RR Construction, Inc.
- Sellers
- David M. Horth
- Platforms
- 1435 Rail, Inc.
- Industry
- Transportation
- Location
- Ohio, United States
- Transaction Type
- Addon
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