Huron Capital merges Northwest Pallet and Prime Woodcraft
Summary
“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’s expertise and customer collaboration is another reason why we are thrilled that Junaid will remain actively involved in the company going forward.” About Huron Capital Based in Detroit, Huron Capital is an operationally focused private equity firm with a long history of growing lower middle-market companies through our proprietary ExecFactor® and buy-and-build investment models. Huron Capital portfolio companies have had aggregate annual revenues exceeding $3.0 billion, 15,000 employees and operated over 325 facilities. Huron Capital targets both control and non-control equity stakes in fundamentally sound companies that the firm believes can benefit from its operational approach to creating value. By employing expert onsite evaluations, talented professionals and comprehensive online reporting, Prime develops unique, environmentally friendly, data transparent and economical programs for many major and mid-major retailers.