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Announced

Novacap-backed FortNine to acquire Defender Industries.

Synopsis

Novacap-backed FortNine, an e-commerce platform, agreed to acquire Defender Industries, a marine outfitter. Financial terms are not disclosed. "FortNine and Defender share a passion for serving sports enthusiasts: we both have a very loyal customer base who trust our knowledge and experience to outfit them with the equipment they need. It is truly a privilege to acquire a company with such a stellar reputation and we look forward to bringing our unique go-to-market expertise to the marine industry," Amin Sawaf, FortNine Founder and President.

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