48forty Solutions Acquires Industrial Pallet

January 4, 2022

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.

Targets
Industrial Pallet
Sellers
Joe O'Brien (Principal and owner)
Platforms
48forty Solutions
Location
Connecticut, United States
Transaction Type
Addon

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