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Private Equity

Paceline Exits R.E.L.A.M.

peprofessional

3 months ago

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Paceline Equity Partners has agreed to sell R.E.L.A.M., a North American lessor of maintenance-of-way and hi-rail equipment serving rail operators and contractors across the U.S. and Canada.Paceline acquired R.E.L.A.M. alongside 1435 Rail and combined the businesses to form the current platform. Dallas-based R.E.L.A.M. operates a fleet of about 1,500 specialized rail maintenance assets and provides leasing and related support services for rail infrastructure projects.
Under Paceline’s ownership,...

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