Fortis Secures Investment from Audax Private Equity and Lovell Minnick Partners to Accelerate Growth
Fortis, a leading payments technology company, announced today that it has received a joint investment from Audax Private Equity and existing investor Lovell Minnick Partners. This investment will propel Fortis towards becoming a global leader in payment technology and embedded commerce experiences for businesses. The partnership with Audax and LMP will fuel Fortis’ product roadmap, strategic acquisitions, and global expansion.
Since LMP’s initial investment in 2019, Fortis has expanded its reach in the business-to-business platform and software ecosystem, offering tailored payment solutions that enhance efficiency and customer experiences. The new partnership with Audax will enable further technological innovation, strategic acquisitions, and channel expansion to drive growth and unlock greater value for customers and stakeholders.
Audax’s expertise in scaling middle-market companies, combined with Fortis’ track record in embedded, ERP, and business payments, sets the stage for strengthening Fortis’ market position and technological capabilities. The investment underscores the growing demand for embedded payments and digital commerce solutions as businesses seek seamless, integrated financial technology solutions.
Fortis is committed to delivering industry-leading solutions that empower businesses to optimize payment experiences and maximize potential. The company’s mission is to provide comprehensive payment solutions and commerce enablement to software partners and developers, guiding businesses towards uncharted growth and scale. With a focus on simplifying complex payment environments and unlocking omnichannel strategies for businesses, Fortis is poised to lead the future of embedded payments.
In conclusion, the strategic investment from Audax and Lovell Minnick Partners will drive Fortis towards achieving its goal of becoming a global leader in payment technology. The partnership will enhance product and service offerings, scale infrastructure, and meet the evolving needs of businesses in the rapidly expanding B2B payments market. Fortis’ commitment to innovation and customer-centric solutions positions the company for continued success and growth in the ever-evolving payments landscape. Please provide me with further details regarding your request.
