Affiliate of Paceline Equity Partners Provides $50 Million Investment to Kelso Industries

An affiliate of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today announced that it has provided a $50 million investment to Kelso Industries, LLC (“Kelso” or the “Company”). Kelso is a portfolio company of Oxbow Equity Partners (“Oxbow”), a Salt Lake City-based private investment firm, and Peterson Partners (“Peterson”), a Salt Lake City-based investment management firm. Paceline’s investment will be used by Kelso to fund the acquisitions of several complementary businesses.

Read the full article here: https://finance.yahoo.com/news/affiliate-paceline-equity-partners-provides-130000155.html

 

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