Parallel49 Equity is thrilled to announce that its acquisition of Kinetrex Energy was recognized as the Deal of the Year at the ACG Indiana Annual Awards Dinner event held on April 20, 2017. Kinetrex Energy was acquired by Parallel49 Equity in partnership with management in December 2016. The ACG
Kinetrex Energy (“Kinetrex”) is the leading supplier of liquefied natural gas (“LNG”) in the Midwest and operates two LNG production facilities in Indianapolis, each with 1 billion cubic feet of cryogenic storage capacity. LNG allows Kinetrex to take natural gas wherever it needs to go, providing fueling solutions to
Questco acquired Profit Advantage, a provider of outsourced human resources for small- and medium-sized businesses based in Omaha, Nebraska. The acquisition of Profit Advantage represents Questco’s first add-on acquisition of a professional employer organization (“PEO”) and comes just one month after the platform investment in Questco. Profit Advantage expands