Basalt Infrastructure Partners to Acquire RELAM (Rail Maintenance Equipment Leasing) from Paceline Equity Partners
May 11, 2026
Basalt Infrastructure Partners has agreed to acquire RELAM, a North American lessor of maintenance-of-way and hi-rail equipment, from Paceline Equity Partners. The companies did not disclose financial terms, and the transaction is expected to close by the end of May 2026, subject to customary conditions.
- Buyers
- Basalt Infrastructure Partners, Basalt Infrastructure Partners (acquisition vehicle/affiliates)
- Targets
- RELAM (R.E.L.A.M., Inc.)
- Sellers
- Paceline Equity Partners
- Industry
- Industrial Services
- Location
- Ohio, United States
- Transaction Type
- Buyout
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