Audax-backed 48forty acquires Oregon Pallet

Audax Private Equity-backed 48forty Solutions has acquired Salem, Oregon-based Oregon Pallet, a provider of recycled wood pallets and pallet services.

Audax Private Equity-backed 48forty Solutions has acquired Salem, Oregon-based Oregon Pallet, a provider of recycled wood pallets and pallet services. No financial terms were disclosed.

PRESS RELEASE

Audax Private Equity portfolio company, 48forty Solutions, acquires Oregon Pallet

The Company
Headquartered in Salem, OR, Oregon Pallet is a provider of recycled wood pallets and pallet services.

The Deal
48forty Solutions (“48forty”), a portfolio company of Audax Private Equity, has completed the acquisition of Oregon Pallet. Oregon Pallet will help expand 48forty’s footprint in Oregon and Idaho.

The Thesis
In November 2020, Audax partnered with 48forty, a leading national provider of recycled wood pallets and pallet management services based in Alpharetta, GA. Audax will continue to work with the 48forty team to drive further organic growth and support strategic acquisitions to expand into new service offerings and geographies.