<ul><li>Paceline Equity Partners has made a $40 million investment in Kassel Mechanical Holdings for a broader recapitalization and to fund the acquisition of Arrow Electric.</li><li>Kassel Mechanical is a provider of mechanical, electrical, plumbing, and fire suppression services to commercial and industrial facilities.</li><li>Kassel has acquired four businesses and offers additional capabilities such as millwright and rigging services.</li><li>Paceline Equity Partners invests in value-oriented and special situations investments across real assets, corporate debt, and private equity.</li></ul>

Paceline Backs Kassel Mechanical

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