2021 News Releases

  1. Parallel49 Equity Completes Sale of Certified Waste Solutions

    LAKE FOREST, ILL., April 25, 2022 – Parallel49 Equity today announced the successful closing of the sale of Anaheim-based Certified Waste Solutions to Broadview Group Holdings, LLC, management, and other co-investors, including EXI Investment Partners.  Parallel49’s Fund V acquired Certified in March 2015. Founded in 1977, Certified has more than four

  2. Parallel49 Equity Completes Sale of Kinetrex Energy

    LAKE FOREST, Ill., August 24, 2021-Parallel49 Equity today announced the successful closing of the sale of Indianapolis-based Kinetrex Energy to Kinder Morgan, Inc. (NYSE – KMI) for $310 million.  Parallel49’s Fund V acquired Kinetrex in December 2016.  The Transaction represents firm’s largest ever multiple of invested capital on single