About 48forty
48forty is a company based in Alpharetta (United States) founded in 1992 was acquired by Audax Private Equity in December 2020. It operates as a Managed Services, and Reseller / Distribution. The company has 3,076 employees as of December 31, 2021. 48forty has completed 14 acquisitions, including Allegheny Recycled Products, CALco Pallet and Dependable Pallet Logistics. 48forty offers products and services including Pallet Supply & Retrieval, Recycled Pallets, New & Custom Pallets, and Onsite Services.
- Headquarter Alpharetta, United States
- Employees 3076 as on 31 Dec, 2021
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name 48Forty Solutions
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Summit Partners
& 3 more
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Employee Count
3076
as on Dec 31, 2021
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Investments & Acquisitions
Allegheny Recycled Products
& 13 more
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Acquired by
Audax Private Equity
(Dec 01, 2020)
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Products & Services of 48forty
48forty offers a comprehensive portfolio of products and services, including Pallet Supply & Retrieval, Recycled Pallets, New & Custom Pallets, and Onsite Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Pallet supply and retrieval services are provided nationwide.
Recycled pallets are offered with SFI certification standards.
New and custom pallets are designed for specific needs.
Onsite pallet management services are delivered at facilities.
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Funding Insights of 48forty
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Private Equity Round - 48forty | Valuation | Summit Partners |
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| Jul, 2018 | Amount | Private Equity Round - 48forty | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 48forty
48forty has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Summit Partners, Grey Mountain Partners and Yukon Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location | |
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A private equity firm focused on operational excellence is operated.
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Founded Year | Domain | Location | |
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Yukon Partners is engaged in providing private debt and equity solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 48forty
48forty has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include Allegheny Recycled Products, CALco Pallet and Dependable Pallet Logistics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Supply chain, logistics, and transportation services are provided globally.
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2011 | ||||
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Pallet management and supply chain safety services are provided.
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2011 | ||||
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Pallets are manufactured for industrial and logistics use.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - 48forty
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
48Forty Comparisons
Competitors of 48forty
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 48forty
When was 48forty founded?
48forty was founded in 1992 and raised its 1st funding round 26 years after it was founded.
Where is 48forty located?
48forty is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
How many employees does 48forty have?
As of Dec 31, 2021, the latest employee count at 48forty is 3,076.
What does 48forty do?
End-to-end pallet solutions are offered by 48forty Solutions, the largest pallet management services company in North America. Services include nationwide pallet supply and retrieval, onsite and offsite management, recycled pallets with SFI certification, and new or custom pallet designs. Operations are supported through a network of over 251 facilities, including recycling plants and service centers, alongside a fleet of more than 8,000 trailers and tractors. The company serves various industries with a focus on simplifying logistics and enhancing customer experience through transparency and quality.
What products or services does 48forty offer?
48forty offers Pallet Supply & Retrieval, Recycled Pallets, New & Custom Pallets, and Onsite Services.
How many acquisitions has 48forty made?
48forty has made 14 acquisitions, including Allegheny Recycled Products, CALco Pallet, and Dependable Pallet Logistics.
Who are 48forty's investors?
48forty has 4 investors. Key investors include Summit Partners, Grey Mountain Partners, Yukon Partners, and Audax Private Equity.
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