Paceline Equity Partners Fully Realizes its Investment in Kelso Industries

DALLAS–(BUSINESS WIRE)–Affiliates of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today announced the full realization of their structured preferred equity position in Kelso Industries (“Kelso” or the “Company”), a leading national provider of mechanical, electrical, and plumbing (“MEP”) services. Paceline’s investment was redeemed in full in connection with the closing of a continuation vehicle for Kelso by the Company’s financial sponsor, Peterson Partners. Financial terms were not disclosed.