Announced
Completed
Financials
Tags
Private
shipping pallets
Containers and Packaging
Acquisition
Friendly
Completed
wooden pallets
United States
Majority
Private Equity
Domestic
Synopsis
Audax-backed 48forty, a national provider of recycled pallets and pallet management services, completed the acquisition of Pallet Consultants, a packaging and shipping solutions provider. Financial terms were not disclosed. "We are thrilled to welcome Pallet Consultants to the team. Pallet Consultants is one of the most respected pallet recyclers in the country, known for their customer service and creative pallet solutions. 48forty will become significantly stronger with this strategic acquisition. I look forward to working closely with Gus Gutierrez, who will continue to run Pallet Consultants and join our leadership team. Gus and his team offer comprehensive experience in the industry, which will push the 48forty business even farther," Mike Hachtman, 48forty CEO.
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