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Paceline Fully Exits Kelso Industries Investment Following National MEP Expansion
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Paceline Fully Exits Kelso Industries Investment Following National MEP Expansion
Paceline Equity Partners has fully realized its investment in Kelso Industries, exiting a $50 million structured preferred equity position after the mechanical, electrical and plumbing services provider expanded from a regional business into a national contractor with more than 4,000 employees. The Dallas-based private equity manager’s investment was redeemed in full as part of the closing of a continuation vehicle for Kelso by financial sponsor…
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