Alinda Capital Partners and USS Acquire PECO Pallet, Inc.

48forty Solutions Acquires Industrial Pallet

January 4, 2022

Logistics & Distribution

48forty Solutions, a portfolio company of Audax Private Equity, has acquired Industrial Pallet, a wooden pallet provider and recycler based in Eastford, Connecticut. The acquisition expands 48forty's footprint in the Northeast and is the sixth add-on since Audax's investment in 48forty in November 2020; terms were not disclosed.

Burlington Capital Partners Acquires Martin Pallet

March 2, 2023

Manufacturing

Burlington Capital Partners (BCP) has acquired Martin Pallet Inc., a Massillon, Ohio-based manufacturer and refurbisher of specialty wood pallets and crates. The transaction was completed with subordinated debt and an equity co-investment from Farragut Capital Partners and in partnership with Martin Pallet's management; the investment will provide liquidity to the owners and capital to pursue growth initiatives and add-on acquisitions.

Strength Capital Partners Invests in CALco Pallet Company

December 20, 2019

Manufacturing

Strength Capital Partners has made an investment in CALco Pallet Company, a vertically integrated wooden pallet manufacturer headquartered in Richmond, Illinois. Midwest Mezzanine participated with subordinated debt and equity and financing partners included Byline Bank and Northcreek Mezzanine; the deal establishes CALco as a PE-backed platform for Strength's buy-and-build consolidation strategy with founders Matt and Greg Calhoun remaining in leadership.

Alinda Capital Partners Acquires ACL Airshop

April 22, 2021

Logistics & Distribution

Investment funds managed by Alinda Capital Partners have acquired ACL Airshop, a global provider of air cargo Unit Load Device (ULD) leasing, management and repair services. The transaction closed in April 2021 and represents an exit by Argosy Private Equity; Alinda intends to support ACL Airshop's fleet, airport network expansion and technology deployment.

UFP Industries Acquires PalletOne

December 28, 2020

Manufacturing

UFP Industries, through its subsidiary UFP Industrial, LLC, acquired 100% of PalletOne, Inc. for approximately $232 million, with PalletOne's management team (including President Howe Wallace) remaining in place. The acquisition expands UFP's industrial packaging and pressure-treated lumber capabilities, adding PalletOne's 17 manufacturing locations (22 total sites across affiliates), Sunbelt Forest Products and SunOne Logistics, and more than 1,500 employees.

Pallet Logistics of America (PLA) Acquires TaylorMade Pallets & Logistics

August 30, 2022

Logistics & Distribution

Pallet Logistics of America (PLA), a portfolio company of Silver Oak Services Partners, has acquired TaylorMade Pallets & Logistics, a family-owned pallet manufacturer and logistics provider based in San Antonio, Texas. The add-on expands PLA's asset-based footprint to 77 facilities and strengthens its pallet manufacturing, remanufacturing, and regional logistics capabilities in South Texas.