Paceline Affiliate Provides $50 Million Investment to Kelso Industries
November 27, 2023
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.
- Buyers
- Paceline Equity Partners
- Targets
- Kelso Industries
- Industry
- HVAC & Mechanical
- Location
- Arizona, United States
- Transaction Type
- Growth capital
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.