What is PACE Resources?
Founded in 1970 by Russell E. Horn, Sr., PACE Resources initially provided comprehensive management support services, including accounting, financial services, human resources, legal, and corporate communications, to its subsidiary companies. Over the years, its subsidiaries evolved, eventually consolidating into two primary operating entities: Buchart Horn and Print-O-Stat, Inc. In 2015, under the guidance of Russell E. Horn Jr., PACE Resources transitioned into a financial holding company, integrating administrative support functions to enhance efficiency and strategic focus across its operations. The company's evolution reflects a strategic shift towards financial stewardship and operational synergy.
How much funding has PACE Resources raised?
PACE Resources has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in PACE Resources
PPP
Public-Private Partnership
What's next for PACE Resources?
The recent major strategic investment into PACE Resources, a company with a long history of operational evolution and financial restructuring, suggests a focus on enhancing its financial holding capabilities and potentially expanding its portfolio or consolidating its existing business units. This capital infusion is likely to support strategic initiatives aimed at optimizing its financial structure, exploring new investment opportunities, or strengthening the operational performance of its core subsidiaries, Buchart Horn and Print-O-Stat, Inc. The company's trajectory indicates a commitment to long-term value creation through astute financial management and strategic oversight.
See full PACE Resources company page
