Full-Time

Mergers & Acquisitions Project Manager

Updated on 9/3/2026

Kelso Industries

Kelso Industries

1,001-5,000 employees

Consolidated HVAC, mechanical, and plumbing services

Compensation Overview

$155k - $204k/yr

Draper, UT, USA

In Person

Bachelor's

Category
Project & Program Management (1)
Required Skills
Data Visualization
CRM
Salesforce
JIRA
Risk Management
Mergers & Acquisitions (M&A)
Asana
Investment Banking
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides

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Requirements
  • A bachelor's degree in Business, Finance, Project Management, or a related field is required.
  • Three to seven years of experience in project management, corporate development, transaction management, consulting, private equity operations, investment banking support, legal operations, or another highly organized cross-functional environment is required.
  • Exceptional organizational and project management skills are required.
  • Ability to manage numerous concurrent projects with competing deadlines is required.
  • Strong Excel and PowerPoint skills are required.
  • Experience creating executive-level reports and dashboards is required.
  • Excellent written and verbal communication skills are required.
  • Strong attention to detail and follow-through are required.
  • Comfort working with senior executives and outside advisors is required.
Responsibilities
  • Manage the end-to-end acquisition process from initial target evaluation through post-close integration.
  • Develop and maintain detailed project plans, milestones, task lists, and timelines for every transaction.
  • Coordinate cross-functional due diligence efforts across Legal, Finance, Human Resources, Information Technology, Operations, Risk, Insurance, Payroll, Benefits, and other functional teams.
  • Track diligence requests, outstanding items, and closing deliverables while holding internal and external stakeholders accountable.
  • Prepare executive dashboards, weekly pipeline reports, and transaction status updates for leadership.
  • Organize diligence materials, maintain virtual data rooms, and ensure documentation is complete and current.
  • Coordinate internal and external meetings, diligence calls, management presentations, and closing activities.
  • Identify schedule risks, bottlenecks, and dependencies, escalating issues before they impact closing timelines.
  • Support integration planning and ensure post-close action items are completed.
  • Continuously improve the company's mergers and acquisitions processes, templates, playbooks, reporting, and project management tools.
Desired Qualifications
  • Experience supporting mergers and acquisitions, corporate development, or private equity-backed companies.
  • Experience using project management platforms such as Monday.com, Smartsheet, Asana, Jira, or Microsoft Project.
  • Familiarity with virtual data rooms and due diligence processes.
  • Experience with customer relationship management systems such as Salesforce or other pipeline management systems.
  • Knowledge of financial statements and basic transaction terminology.

Kelso Industries is a holding group that brings together market-leading HVAC, mechanical, and plumbing companies serving commercial and residential properties in the western United States. It partners with established brands, providing resources to expand service offerings while preserving each brand’s identity and entrepreneurial spirit. The company acquires and invests in strong HVAC, sheet metal, pipefitting, plumbing, and controls businesses west of the Mississippi to deliver comprehensive services for property owners, builders, and developers. Its model focuses on growing the network through acquisitions, supporting employees’ development, and leveraging a larger organization to ensure customer service excellence. Goal: expand regional service capabilities and reach by integrating high-quality service providers under a common umbrella while maintaining the distinct strengths and cultures of its partner brands.

Company Size

1,001-5,000

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$50M

Headquarters

Phoenix, Arizona

Founded

2021

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Simplify Jobs

Simplify's Take

What believers are saying

  • Paceline's $50 million investment explicitly funds more complementary acquisitions across 2024-2026.
  • Kelso bought United Services in June 2026, expanding its Southeast footprint.
  • August 2026 acquisitions in Alabama, Wyoming, and Washington broaden industrial and infrastructure capabilities.

What critics are saying

  • Rapid rollups since Paceline's 2023 $50 million check strain integration and systems.
  • Heavy deal dependence risks a slowdown if sellers dry up or financing tightens in 2026.
  • If local-identity preservation fails, Kelso loses talent, customers, and the platform's entire thesis.

What makes Kelso Industries unique

  • Kelso keeps acquired brands local, as with Wallace Electric and Gaddy Electric in 2024-2026.
  • It combines HVAC, electrical, plumbing, and controls into one national MEP platform.
  • The model targets established family firms west of the Mississippi and now Southeast markets.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Holidays

Paid Vacation

401(k) Retirement Plan

401(k) Company Match

Hybrid Work Options

Training Programs

Growth & Insights and Company News

Headcount

6 month growth

23%

1 year growth

23%

2 year growth

23%
Honigman LLP
Sep 4th, 2026
Honigman represents Kelso Industries in acquisition of Gaddy Electric & Plumbing Company.

Honigman represents Kelso Industries in acquisition of Gaddy Electric & Plumbing Company. Announcement Sep 4, 2026 Honigman recently represented Kelso Industries, a provider of mechanical, electrical, plumbing, and related building services, in connection with its acquisition of Gaddy Electric & Plumbing Company, a Demopolis, Alabama-based provider of electrical and plumbing services. Founded nearly 70 years ago, Gaddy Electric & Plumbing Company is a multi-generational family business. A Honigman deal team led by Corporate Partners Evan Leibhan, Alexander Whang, and Michael Rhoad with support from Associates Lea Glenn and Kelly Lewis advised Kelso on the transaction.

ForexTV
Feb 3rd, 2025
Kelso Industries Acquires YES and ENETK

Woodbridge International announced the sale of its clients, YES LLC, an electrical contractor, and ENETK LLC, an automation company, to Kelso Industries. Both companies are based in North Dakota and serve industries like oil, natural gas, and refining. Kelso Industries, located in Phoenix, Arizona, specializes in MEP+ solutions. Woodbridge International is known for its innovative global marketing approach in the mergers and acquisitions sector.

Yahoo Finance
Mar 18th, 2024
Anchor Peabody Represents Wallace Electric in its Partnership with Kelso Industries

DELRAY BEACH, Fla., March 18, 2024-(BUSINESS WIRE)-Anchor Peabody is pleased to announce that it has represented Wallace Electric Co. ("Wallace Electric"), a leading commercial electrical contractor, in its new partnership with Kelso Industries, a collection of market-leading companies providing commercial HVAC, mechanical, refrigeration, electrical, industrial and plumbing services.

Business Wire
Nov 28th, 2023
Affiliate of Paceline Equity Partners Provides $50 Million Investment to Kelso Industries

An affiliate of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today announced that it has provided a $50 million

The Business Journals
Nov 27th, 2023
Phoenix-based Kelso Industries gets $50M investment from Paceline Equity Partners

Phoenix-based Kelso Industries gets $50M investment from Paceline Equity Partners.