Huron Capital (“Huron”), a leading lower-middle-market private equity firm, has made an additional equity investment in its industry leading pallet platform, Northwest Pallet Holdings, LLC. Through this investment, Huron is combining Northwest Pallet and Prime Woodcraft Inc. (“Prime”). The combined company will be headquartered in Schaumburg, Illinois. Financial terms of the transaction were not disclosed.
“This merger allows us to bring together two great commercial teams and leverage our combined capabilities to more effectively serve our clients,” said Northwest Pallet President and CEO, Jack Donnell, “We believe Prime’s innovative approach to pallet management solutions, along with Northwest Pallet’s resources and infrastructure, will enable us to provide unique solutions and scale to our customers while continuing to expand the combined business.”
Donnell will serve as President and CEO of the combined company while Prime founder and CEO Ansir Junaid will serve as a board member and significant shareholder in Northwest Pallet.
Prime Woodcraft provides innovative and sustainable pallet management and packaging solutions to customers across the United States.
Northwest Pallet Services is one of the nation’s leading pallet supply management corporations and can guarantee superior service and competitive pricing.
