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DALLAS–(BUSINESS WIRE)–Affiliates of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today announced that they have agreed to sell R.E.L.A.M., Inc. (“R.E.L.A.M.” or the “Company”), a leading North American lessor of maintenance-of-way (“MOW”) and hi-rail equipment. Financial terms were not disclosed.