Stout served as exclusive financial advisor to Blackthorne Partners in connection with the sale of Pallet USA to Universal Forest Products.

Pallet USA, headquartered in Hartford, WI, is a leader in manufacturing new and recycled wooden pallets as well as custom crates. Pallet USA’s value-added services include heat treating, pallet removal, custom product design, delivery, and managed inventory programs. Going forward, Pallet USA will operate within UFPI’s Industrial segment.