Breaking AnalysisM&A and Private EquityA $510 Million Bet on a $1 Billion MEP Roll-Up: Kelso Has Acquired Roughly 40 Trades Businesses in Five YearsPeterson Partners has closed a $510 million continuation vehicle for Kelso Industries, with NorthSands committing more than $450 million. The bigger contractor story is how a five-year-old MEP platform grew past $1 billion in annual revenue through roughly 40 acquisitions while preserving local operating brands.TradeVulcan Dispatch Editorial Desk16 min