48forty Solutions Acquires Bo's Pallets

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 Oregon Pallet

July 7, 2021

Manufacturing

48forty Solutions, a portfolio company of Audax Private Equity, has acquired Oregon Pallet Repair, Inc., Bailey Pallet, LLC, and Oregon Wood Fibre Recycling, LLC (together “Oregon Pallet”). The deal adds regional pallet recycling, remanufacturing and wood-recycling capabilities (headquartered in Salem, Oregon with an additional facility in Boise, Idaho) as an add-on to 48forty’s national pallet management platform.

48forty Solutions Acquires J&B Pallet

October 13, 2021

Logistics & Distribution

48forty Solutions, a portfolio company of Audax Private Equity, has acquired J&B Pallet, a pallet manufacturer and recycler headquartered in Lake City, Minnesota. The acquisition expands 48forty's footprint in the northern Midwest and is the fourth add-on since Audax's investment in 48forty in November 2020; terms were not disclosed.

48forty Solutions Acquires Taylor Pallets & Recycling

June 7, 2023

Logistics & Distribution

48forty Solutions, a national pallet management provider and portfolio company of Audax Private Equity and Summit Partners, has acquired Taylor Pallets & Recycling, a South Carolina-based pallet management and recycling company. Taylor operates four locations across South Carolina and Georgia, employs more than 180 people, and will expand 48forty's presence in the Southeast; 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 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.