Pace Industries

Pace Industries

Pace Industries was founded in 1970 in Fayetteville, Arkansas, as a die casting manufacturer and has since grown to operate the largest North American footprint among die casters, with facilities across the United States and Mexico. In 2021 the company filed for Chapter 11 bankruptcy protection, emerging later that year under new ownership backed by private equity. The firm runs over 250 die casting machines covering aluminum, zinc, and magnesium, producing parts for automotive, industrial, and consumer-facing OEMs. Pace works across the product lifecycle, from simultaneous engineering through high-volume production. In May 2024 Pace announced Doug Albert as CEO, succeeding earlier leadership as part of a post-restructuring organizational overhaul. Pace was recognized by Acuity Brands as Supplier of the Year Champion in 2024, signaling continued operational focus. The company does not disclose ownership structure, AUM, or deployment numbers, consistent with its private manufacturing identity. Pace operates as a closely held manufacturing company — not a financial entity — distinguishing it from the family-office or asset-manager profiles typical on Altss. The Chapter 11 restructuring and subsequent private-equity-backed ownership give it a capital structure that blends industrial operations with financial sponsor involvement.