Announced
Completed
Financials
Tags
Single Bidder
Friendly
Private
FinTech
Private Equity
payments technology
merchant services
Acquisition
Majority
United States
Completed
Synopsis
Lovell Minnick Partners, a private equity firm, completed the acquisition of Fortis Payment Systems, a payments technology, and merchant services provider. Financial terms were not disclosed. “Fortis has developed a highly configurable, powerful payments platform with industry-leading technology and security capabilities, supported by superior high touch service. We look forward to supporting CEO Jimmy Nafso and his highly talented team to identify new solutions and channel partners,” Trevor Rich, Lovell Minnick Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.