48forty Solutions Acquires Industrial Pallet

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 Nazareth Pallet Company

March 1, 2022

Logistics & Distribution

48forty Solutions, a portfolio company of Audax Private Equity, has acquired Nazareth Pallet Company, a family-owned supplier of recycled and custom pallets in the Northeastern United States. The deal expands 48forty's footprint in the Northeast and adds Nazareth's recycling, custom pallet manufacturing capabilities and local fleet to 48forty's national pallet management network; 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 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.

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 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.