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Affiliates of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today announced they have acquired R.E.L.A.M., Inc., a leading lessor of railroad maintenance-of-way (“MOW”) equipment, as well as Acme Construction Co., Inc. and Timiny RR Construction, Inc., the affiliated rail infrastructure and track maintenance services businesses (together “R.E.L.A.M.”, or the “Company”).