RELAM Acquires Falcon Equipment

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.

RELAM Acquires Wiskerchen Truck & Equipment and Wiskerchen Rental & Leasing

January 11, 2023

Trucking & Fleet

RELAM, a Cleveland-area lessor of railway maintenance-of-way equipment, has acquired Wiskerchen Truck & Equipment, LLC and Wiskerchen Rental & Leasing, LLC, a Spencer, Wisconsin company that sells, services, rents and leases Hi-Rail trucks and related equipment. The acquisition strengthens RELAM's Hi-Rail product capability and expands its rental and service footprint across RELAM's existing facilities and the North American Hi-Rail market.

Paceline Equity Partners Acquires Progress Rail Equipment Leasing Corporation from Progress Rail (Caterpillar)

January 2, 2020

Transportation

Affiliates of Paceline Equity Partners acquired Progress Rail Equipment Leasing Corporation (PRELC), the maintenance-of-way (MOW) equipment leasing business formerly held by Progress Rail, a subsidiary of Caterpillar Inc. The transaction was a divestiture by Progress Rail and will allow Paceline to operate an asset-rich equipment-leasing platform serving North American railroad operators and contractors.

Avnan Capital Ltd. Acquires Falcon Electric, Inc.

February 10, 2025

Manufacturing

Avnan Capital Ltd., a Mississauga-based investment firm focused on electronics design and manufacturing, has acquired Falcon Electric, Inc., a California manufacturer of industrial- and military-grade UPS systems and frequency converters. BMI Mergers & Acquisitions advised Falcon Electric on the sale; Avnan said the acquisition will support Falcon Electric's continued growth and align with its strategy to invest in technology-driven electronics companies.

Brevan Electronics Acquires Falcon Electronics

December 9, 2024

Aerospace & Defense

Brevan Electronics has acquired Falcon Electronics, a Commack, New York-based distributor of high-reliability electronic components serving the aerospace and defense industries. The acquisition brings together Brevan's global inventory access and value-added capabilities with Falcon's certified quality systems and long-standing A&D customer relationships to expand product offerings and service capabilities.

Alimak Group Acquires Tall Crane Equipment Ltd.

August 24, 2022

Construction

Alimak Group acquired Tall Crane Equipment Ltd., a Langley, British Columbia-based licensed elevator contractor and crane/hoist rental provider. The transaction closed on August 24, 2022 and expands Alimak Group's construction division and its footprint in Canada to provide rental, parts and service capabilities.