Pallet Logistics of America (PLA) Acquires Pal-Serv

Palladium Equity Partners Acquires Majority Stake in Source Logistics

November 2, 2023

Logistics & Distribution

Palladium Equity Partners has acquired a majority stake in Source Logistics, a City of Industry, California-based 3PL provider serving Hispanic food & beverage and consumer goods brands. Palladium will invest alongside the company's founders, who will remain in leadership, and plans to support growth through organic investment and add-on M&A while leveraging Source Logistics’ 12 facilities and more than 2.3 million square feet across four states.

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.

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.

Pallet Logistics of America Acquires Propak

June 7, 2022

Logistics & Distribution

Pallet Logistics of America (PLA), a Silver Oak Services Partners portfolio company, has acquired Propak, a national provider of 3PL, reverse logistics, warehousing, transportation and freight brokerage services. The deal adds Propak's 60+ locations and roughly 1,700 employees to PLA, transforming PLA from a western U.S. pallet manager into a national supply chain solutions provider and expanding its service capabilities and footprint.

PLS Logistics Services Acquires D&L Transport

September 20, 2021

Logistics & Distribution

PLS Logistics Services, a technology-driven third-party logistics provider based in Cranberry Township, Pennsylvania, has acquired D&L Transport, a freight brokerage headquartered in Overland Park, Kansas. D&L will operate as an independent subsidiary with Brian DeFrain remaining president, and PLS expects the transaction to increase its annual revenue run rate to $950 million (with a projected ~$1.2 billion in 2022).

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.