26 WESTERN PALLET
48forty Solutions Completes Acquisition of Pallet-Ops and Innovative Data Systems, Inc.
HOUSTON – 48forty Solutions, a leading national provider of recycled pallets and pallet management services, has announced its acquisition of Texas pallet management leader Pallet-Ops and technology provider Innovative Data Systems. The terms of the transactions were not disclosed. 48forty is a portfolio company of Audax Private Equity and Summit Partners.
Established in 2011, Pallet-Ops services customers across the southwestern region of the United States, offering a variety of sizes of recycled, remanufactured, and custom wooden pallets at competitive prices. The Company’s services include pallet retrieval, lease pallet management, and pallet repair and return. CEO John Maclay founded Pallet-Ops in 2011 with a vision of bringing a professional commitment to providing the highest service levels to their customers with the most “dynamic of pallet solutions,” focusing on consistent quality and performance.
Pallet-Ops has three locations strategically located in the San Antonio, Dallas, and Houston markets, making it one of Texas’s largest, most efficient pallet services providers. The Pallet-Ops management team has more than 70 years of combined experience and prides itself on its sustainability initiative toward a zero-waste environment for its community and 170 employees. The Company owns and operates 386 trailers, and the facilities are situated on 34 acres and 137,000 square feet of property across its three Texas locations.
“Acquiring this customer-focused business with a strong presence in three major markets in Texas ensures more seamless service to our customers in the region,” said Mike Hachtman, CEO of 48forty. “We know Pallet Ops will fit right in with 48forty operationally and culturally.”
“Joining 48forty will benefit our customers geographically and synergistically,” added Leon Nutt, President, Pallet-Ops. “We are excited about the acquisition and the opportunity to expand our network and create greater opportunities for our employees.”
Innovative Data Systems
IDS was founded in June 1997 by Alan Miceli and Pallets-R-Us owner Thomas Sorge.