Fortna, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Fortna, Inc. is a privately-held company that designs, develops, and delivers automated and intelligent software solutions for transformational projects. It provides distribution strategy, operations design and implementation, material handling automation, warehouse execution software systems, and OptiSlot DC Software for sustainable slotting. It offers distribution services, including network, inventory deployment, flow path, and fulfillment strategy services; operations improvement services, such as assessments, labor optimization, operations design, operations implementation, client lifetime performance, systems assessment, selection, implementation, and upgrade projects. The company also provides FortnaWCS, a warehouse software to manage and control the flow of work through the distribution center, and warehouse management systems. It serves aftermarket parts, apparel, consumer packaged goods, electronics, food and beverage, footwear, grocery, industrial distribution, life sciences, retail and general merchandise, sporting goods, and third-party logistics industries. Fortna, Inc. was founded in 1950. Fortna, Inc. headquarters are located in Atlanta, Georgia. Fortna, Inc. was formerly known as H. E. Fortna Brothers, Inc.
Keywords
Keywords
Classified
Private