Lovell Minnick Partners invests in Fortis Payment Systems

Lovell Minnick Partners, a private equity firm focused on investments in the global financial services industry, has completed a significant growth investment in Fortis Payment Systems (Fortis), a payments technology and merchant services provider. Financial terms of the private transaction have not been disclosed. Headquartered in Novi, Michigan, Fortis provides payment technology and processing capabilities to developers and businesses throughout North America. The Company’s proprietary payments platform, Zeamster, creates integrated commerce experiences for software and ERP providers as they transform the way businesses interact with their customers. “Fortis has developed a highly configurable, powerful payments platform with industry-leading technical and security capabilities, supported by superior high touch service,” says Trevor Rich, Partner at Lovell Minnick Partners. “We look forward to supporting CEO Jimmy Nafso and his highly talented team to identify new solutions and channel partners.”