MAY 2021
Relogistics, also a 48forty company, will provide greater flexibility to grow our services to our existing customers as well as retailers across the country. The addition of Prime360’s extensive brokerage relationships allows the 48forty companies to expand our valuable pallet recycler network. Bringing together exceptional talent and years of combined industry experience will allow us to deliver differentiated, comprehensive solutions. I look forward to partnering with Jack Donnell and the rest of the Prime360 team, who share my enthusiasm to see the combined companies succeed.”
“I am thrilled about this partnership and what it means for both the Prime360 customers and our employees,” added Jack Donnell, Prime360 CEO. “The union of 48forty and Prime360 will ensure continued excellence in our total pallet management and brokerage services and will bolster our ability to be forward-focused on innovation and sustainability. The complementary nature of this acquisition allows these amazing companies to continue to improve and expand the way we manage pallet services for retailers and manufacturers across the country.”
‘Prime360 is a leading provider of pallet management services that will further augment 48forty’s supply chain solutions,” concluded Young Lee, Managing Director, Audax Private Equity. We look forward to supporting 48forty and Prime360 management as they continue to grow the business both organically as well as through strategic acquisitions.”
Jack Donnell, Prime360 CEO