Paceline Equity Partners
TOP 50 PE Winner
2022
Firm Inception: 2018
Number of Active Portfolio Investments: 6
Number of Realized Investments: 0
Investment Range: $30mm-$60mm, but can scale into significantly larger individual transactions by means of co‐investments
Current Fund: Paceline Opportunity Fund I, L.P.
Current Fund Size: $350mm
Transactions completed since October 2020, including acquisitions, add-ons, and divestments:
Quick Fitting Inc. (December 2020): Acquired substantially all of the assets of a manufacturer of plumbing, electrical, and HVAC connection devices, as part of a receivership process.
Sheraton Boston Needham (January 2021): Acquired a mortgage loan secured by a Sheraton Hotel located in the Boston suburban area of Needham, Massachusetts from a regional bank. Loan now transformed to direct hotel ownership.
106 Spring Street (March 2021): Purchase of a loan secured by Class A corner retail space located in the highly desirable high street retail area of SoHo, New York City. Paceline gained control of the asset through a UCC foreclosure.
Holiday Inn Express & Suites Charlotte Ballantyne and the TownePlace Suites Charlotte Fort Mill (September 2021): Acquired two limited-service hotels in the Charlotte Metro Area.
Fairfield Inn & Suites by Marriott Orlando International Drive/Convention Center and Residence Inn Orlando by Marriott Near Universal Orlando (December 2021): Paceline acquired two hotels in Orlando, FL near the Universal Orlando Resort.
AHF: (Under Contract, anticipated close Q1 2022): Acquisition of a leading North American hard surface flooring manufacturer.
Leadership:
Sam Loughlin: Chief Executive Officer
Leigh Sansone: Chief Investment Officer
Grant Wilbeck: Head of Investments
Victor Sansone: Chief Operating Officer
Brad Davis: Head of Underwriting and Asset Management
Tara O’Grady: Chief Financial Officer
Kyle Volluz: General Counsel and Chief Compliance Officer
Team Members: 23
Primary Address: 3625 N. Hall St. Suite 900 Dallas, TX 75219
Website: www.pacelineequity.com
Phone Number: (469) 271-1894
Which best describes the firm?: Traditional | LP Funded
Industry focus: Private Equity, Corporate Credit, Real Assets
Attributes: Firm History, Unique Firm Strategy, Deal Execution, Portfolio Excellence, Performance, Extraordinary Transactions
Overview
Paceline Equity Partners, LLC is a Dallas‐based private equity manager, which, to date, has raised $449 million of total capital commitments (including both commitments to Paceline Equity Partners Opportunity Fund I and co‐investment commitments).
Project Starboard, which is anticipated to close by the end of January 2022, is a $439 million transaction that requires a $216 million equity investment. Including estimated newly raised co-invest of $139 million for this deal, Paceline anticipates managing approximately $590 million of capital by February 2022. Paceline expects to invest $44 million from Opportunity Fund I.
The firm was founded by seven individuals who have worked together since 2008 at Paceline and a major private equity fund manager also based in Dallas and have an average 24‐years’ experience. The firm focuses on value-oriented and special situations investments across private equity, real assets, and corporate debt in all market environments. We therefore maintain a broad investment purview and target individual equity capital deployments in the range of $30 million to $60 million but maintain a proven ability to scale into significantly larger individual transactions by means of co‐investments.
Paceline Equity Partners
HQ
3625 N. Hall St.
Suite 900
Dallas, TX
75219
Call (469) 271-1894 | Visit www.pacelineequity.com→