Paceline is a Dallas-based
private equity manager
We seek to employ a flexible and contrarian approach to investing by identifying trends ahead of the market
We are keen to invest in complex and volatile sectors, in particular those in which our senior leadership team has experience or where we believe capital may be prevented from flowing efficiently to assets.
Our asset management strategy emphasizes value creation an an accelerated return of capital while also seeking to reduce risk.
Broad Capabilities and Unique Strategy
Paceline’s transaction sourcing strategies are designed to be agnostic of market conditions or the seller’s motivations. Paceline strives to find opportunities where positive competitive dynamics exist or where our team identifies unique contexts in which to deploy our specialized, tailored asset management strategies.
While Paceline remains industry agnostic, our team proactively screens sectors well suited for our strategy and capability set.
Rigorous Underwriting and Execution
Our team has years of experience underwriting complex or misunderstood investments.
We aim to employ comprehensive underwriting with a “capital-preservation” discipline: investments must generate a full return of invested capital even under severe stress.
Paceline strives to execute deals with certainty and speed to meet the needs of sellers.
Investments typically require a hands-on strategy to be deployed immediately upon acquisition. Paceline seeks to support and partner with its management teams in the execution of value creation strategies while also reducing investment risk during its hold period.
Paceline strives to outperform its underwriting with an emphasis on value creation, cost of capital optimization and generation of stabilized cash flow and capital return ahead of exit.
Six founding partners have a 15-year history of working together
The Paceline team actively seeks private equity, corporate debt,
and real asset investment opportunities in North America
Value-focused control buyouts where we believe asset or market-level complexity exists
- Corporate divestitures
- Turnaround candidates; restructurings
- Unnatural owners, such as former lenders
- Owners seeking liquidity
- Joint venture structures
Paceline works with management teams collaboratively to grow businesses and unlock value from operations
Broad investment focus on what we believe are complex, idiosyncratic and/or misunderstood credits
- Newly originated capital solutions, including loan financing, preferred equity financing, and HoldCo financing, and other bespoke structures
- Acquisition of single credits or portfolios of performing and non-performing corporate debts
- Credits with lower lien-priority
- Near-term liquidity risk and ability to convert to equity ownership
Real Estate Loans
- Acquisition of loans with ability to convert to equity ownership
- Provider of mezzanine or traditional debt financing
- Direct equity or portfolio acquisitions
- Special situations