48forty Solutions Acquires Innovative Data Systems (Pallet-Track)

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.

48forty Solutions Acquires Pallet Consultants

March 8, 2022

Logistics & Distribution

48forty Solutions, a national pallet management provider and an Audax Private Equity portfolio company, has acquired Pallet Consultants. Pallet Consultants — founded in 1996 and operating six locations in the southeastern United States with more than 350 employees — will remain led by founder Gus Gutierrez, who will remain a significant shareholder and join 48forty's leadership team; terms were not disclosed.

48forty Solutions Acquires Dependable Pallet Logistics

November 29, 2022

Logistics & Distribution

48forty Solutions, a Houston-based pallet management platform backed by Audax Private Equity and Summit Partners, has acquired Dependable Pallet Logistics, an Inland Empire-based pallet management and manufacturing company. The acquisition expands 48forty's presence and capacity in Southern California; terms were not disclosed.

48forty Solutions Acquires Pallet-Ops

September 7, 2022

Logistics & Distribution

Houston-based 48forty Solutions, a portfolio company of Audax Private Equity and Summit Partners, has acquired Texas pallet management provider Pallet-Ops. The acquisition expands 48forty’s footprint in Texas (San Antonio, Dallas and Houston) and adds Pallet-Ops’ fleet, facilities and 170 employees to 48forty’s national pallet management network; terms were not disclosed.

48forty Solutions Acquires Bo's Pallets

March 4, 2022

Logistics & Distribution

48forty Solutions, a portfolio company of Audax Private Equity, has acquired Bo's Pallets, a family-owned pallet recycler based in Adairsville and McIntyre, Georgia. The add-on expands 48forty's pallet recycling and automation capabilities across its national pallet management network; terms were not disclosed.

48forty Solutions Acquires CALco Pallets

August 25, 2022

Logistics & Distribution

48forty Solutions, a portfolio company of Audax Private Equity and Summit Partners, has acquired CALco Pallets from Strength Capital Partners. The add-on expands 48forty's footprint in the northern Midwest, adding CALco's manufacturing, recycling and mulch-production capabilities and nearly 300 employees across facilities in Illinois and Wisconsin.