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Parallel Investment Partners Featured in Private Equity International

Parallel Investment Partners and White Deer's successfull final exit from Accelerated Companies was recently featured in Private Equity International magazine.  Read more...

Parallel Investment Partners Completes Final Realization of Successful Investment in Accelerated Companies

*Parallel Investment Partners LLC *(“Parallel”), a Dallas-based private investment firm, today announced the final exit of its successful investment in *Accelerated Companies* LLC (“Accelerated”) through its sale to Dover Corp. (NYSE: DOV) on September 30 for a purchase price of $430 million. Dover Corp. announced the sale on October 2. Parallel, which held its interest in Accelerated through Trilogy Production Equipment LLC (“Trilogy”), had earlier sold the majority of its interest in Accelerated via a recapitalization in partnership with White Deer Energy in January 2012. Following the White Deer recapitalization, Parallel had retained a considerable interest in the company. Read more...