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