M&A Deal Summary

48forty Solutions Acquires Industrial Pallet

On January 4, 2022, 48forty Solutions acquired packaging company Industrial Pallet

Acquisition Highlights
  • This is 48forty Solutions’ 3rd transaction in the Packaging sector.
  • This is 48forty Solutions’ 6th transaction in the United States.
  • This is 48forty Solutions’ 1st transaction in Connecticut.

M&A Deal Summary
Date 2022-01-04
Target Industrial Pallet
Sector Packaging
Buyer(s) 48forty Solutions
Deal Type Add-on Acquisition

Target

Industrial Pallet

Eastford, Connecticut, United States
Industrial Pallet is a provider and manufacturer of a wide variety of wooden pallets. The Company sorts, builds, and delivers more than two million recycled wood pallets annually with their fleet of over 200 privately owned trailers. Industrial Pallet was founded in 1991 and is based in Eastford, Connecticut.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

48forty Solutions

Alpharetta, Georgia, United States
Category Company
Founded 1992
Sector Packaging
DESCRIPTION

48forty Solutions is a whitewood pallet recycler recycling over 90 million pallets annually across its network of 73 company locations and more than 225 network facilities. 48forty serves over 2,700 customers, including manufacturers, distributors, and retailers in the distribution & logistics, food & beverage, packaging, durables, and non-durables industries. 48forty Solutions was formed in 1992 and is based in Alpharetta, Georgia.

DEAL STATS #
Overall 7 of 16
Sector (Packaging) 3 of 4
Type (Add-on Acquisition) 6 of 14
State (Connecticut) 1 of 1
Country (United States) 6 of 15
Year (2022) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-20 Allegheny Recycled Products

Pittsburgh, Pennsylvania, United States

Allegheny Recycled Products designs and manufacture pallets of all shapes and sizes to meet particular needs. Allegheny Recycled Products repair 6000 pallets per day and re-manufactures 1000 pallets per week. Allegheny Recycled Products is based in Pittsburgh, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 Nazareth Pallet

Northampton, Pennsylvania, United States

Nazareth Pallet is focused on providing customers with recycled and custom pallets, and landscape mulch. Nazareth Pallet was founded in 1984 and is based in Northampton, Pennsylvania.

Buy -
Mergr

Product

Company

Legal