CrimStone Partners has acquired North Texas AAA Pallet Co., Inc. and Oklahoma AAA Pallet Co., Inc.
RSM EquiCo Capital Markets initiated the transaction, led the negotiations and acted as the exclusive financial advisor to AAA Pallet.
"The acquisition of AAA Pallet will assist CrimStone in its strategic pursuit of regional consolidation in the recycled pallet industry," said Paul Weisbrich, senior managing director for RSM EquiCo Capital Markets. "The founders of AAA Pallet will stay on, assisting with accounts and operations, and maintain a minority interest in the company."
Based in Irving, Texas, with branch offices in Oklahoma City and Tulsa, AAA Pallet is a manufacturer and provider of new and recycled, standard and custom-sized wood pallets.
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