Affiliates of Paceline Equity Partners Expand Rail Maintenance Leasing Platform

Affiliates of Paceline Equity Partners, LLC (Paceline), a Dallas-based private equity manager, today announced they have acquired R.E.L.A.M., Inc., a leading lessor of railroad maintenance-of-way (MOW) equipment, as well as Acme Construction Co., Inc. and Timiny RR Construction, Inc., the affiliated rail infrastructure and track maintenance services businesses (together R.E.L.A.M., or the Company).