JEGI LEONIS has advised Payment Logistics on their sale to Fortis, a portfolio company of Lovell Minnick Partners.
Founded in 2003 to provide reliable and secure payment technologies, Payment Logistics has a large breadth of partnerships that process a significant volume of transactions across thousands of businesses on an annual basis. The team has created partnerships with leading developers, software providers and value-added resellers (VARs) to overcome payment integration challenges and deliver strategies that maximize the return on investment in commerce solutions.
With a growing product portfolio and market reach, Fortis is quickly becoming the payment solution of choice for software companies and business leaders who want to make commerce a competitive advantage. This latest acquisition will provide all of Fortis’ partners and clients with a new array of embedded payment options.
