Audax-backed 48forty completed the acquisition of Pallet Consultants.

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.