Audax Private-backed 48forty Solutions completed the acquisition of J&B Pallet.

Audax Private-backed 48forty Solutions, a provider of recycled pallets and pallet management services, completed the acquisition of J&B Pallet, a manufacturer of new and custom pallets. Financial terms were not disclosed. "J&B Pallets is known for its outstanding customer service and quality pallets. Rick Ziebell and his team bring key regional relationships and expertise and share our commitment to customers, making this combination a natural fit. We’re eager to continue our growth journey alongside J&B Pallets," Mike Hachtman, 48forty CEO.