Lovell Minnick Partners completed the acquisition of Fortis Payment Systems.

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.