Fortna Secures Private Equity Funding to Accelerate Growth

27th March 2019

Logistics BusinessFortna Secures Private Equity Funding to Accelerate Growth

Global automation, engineering services and software provider Fortna has secured investment funding from US private equity firm Thomas H. Lee Partners. The sums involved have not been disclosed.

Founded in 1946, Fortna provides distribution strategy, operations design and implementation, material handling automation and warehouse execution software systems. Today, Fortna helps the world’s most recognized brands enhance their distribution operations through innovative solutions that result in reduced operating costs, higher throughput, and improved service. With a global footprint across North America, Europe, Latin America, and South Africa, Fortna has over 200 clients globally.

Propelled by the continued growth of eCommerce and increased demand for advanced warehouse automation infrastructure, Fortna says it “sought a strategic and financial partner to invest in the Company’s substantial future growth prospects, including the potential for M&A and continued geographic expansion. As a partner, THL will strive to enhance Fortna’s capabilities and offerings by contributing deep industry expertise and bringing both financial and operational resources to bear, thereby accelerating Fortna’s overall growth strategy.”