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An affiliate of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today announced that it was the successful bidder in respect of the purchase of substantially all of the assets of Quick Fitting, Inc. (“Quick Fitting”, or the “Company”) as part of a receivership process involving the Company. Closing of the transaction is anticipated to occur on December 16, 2020, subject to standard closing conditions being met.