48Forty Solutions Acquires Nazareth Pallet Company
03/01/22, 5:31 PM
Industry
logistics
supply chain management
transportation
software
48forty Solutions ("48forty"), a portfolio company of Audax Private Equity ("Audax") and a leading national provider of recycled pallets and pallet management services, today announced that it has acquired Nazareth Pallet Company (“Nazareth” or the “Company”). This is the eighth acquisition 48forty has completed since Audax' investment in November 2020. The terms of the transaction were not disclosed.
Company Info
Company info
48forty Solutions is one of the largest pallet management services companies in North America, with a national network of over 239 facilities, including 62 company-owned and operated pallet recycling plants, 160 onsite locations, 11 reverse logistics centers, five sorting centers, and more than 850 service providers. 48forty provides end-to-end pallet solutions from supply to retrieval, new and custom pallets, and reverse logistics services. We also operate one of the nation's largest private fleets of 7,500 trailers and tractors. 48forty is backed by Summit Partners and Audax Private Equity. For more information, visit www.48forty.com or follow us on LinkedIn.