M&A Deal Summary

48forty Solutions Acquires Pallet-Ops

On September 7, 2022, 48forty Solutions acquired transportation company Pallet-Ops

Acquisition Highlights
  • This is 48forty Solutions’ 1st transaction in the Transportation sector.
  • This is 48forty Solutions’ 12th transaction in the United States.
  • This is 48forty Solutions’ 2nd transaction in Texas.

M&A Deal Summary
Date 2022-09-07
Target Pallet-Ops
Sector Transportation
Buyer(s) 48forty Solutions
Deal Type Add-on Acquisition

Target

Pallet-Ops

Houston, Texas, United States
Pallet-Ops is a pallet management company serving customers from the largest pallet producers and users in the United States to the lower volume specialty customers. The company's pallet-management services are custom-made to ensure they fit any company's needs. Pallet-Ops was formed in 2011 and is based in Houston, Texas.

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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 13 of 16
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 11 of 14
State (Texas) 2 of 2
Country (United States) 12 of 15
Year (2022) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-25 CALco

Richmond, Illinois, United States

CALco is a vertically integrated, full-service wooden pallet manufacturer selling both new and recycled pallets to a diverse customer base throughout the Midwest. It operations include a captive hardwood sawmill and landscape mulching capabilities to monetize scrap and unusable pallets. CALco was founded in 2006 and is based in Richmond, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-12 Pallet Track

Stuart, Florida, United States

Pallet Track is a software company designed to provide turnkey solutions with ERP, Plant Floor data collection, Inventory adjustment, compensation, trailer tracking, electronic BOLs, and more. Pallet Track was founded in 1997 and is based in Stuart, Florida.

Buy -
Mergr

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