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New Deal


Announced

Completed

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

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Private Equity

Containers and Packaging

Private

United States

Majority

wooden pallets

Completed

Friendly

Single Bidder

Acquisition

Synopsis

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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.

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