FortNine Acquires Defender Industries
February 17, 2022
Montreal-based e-commerce retailer FortNine, in partnership with private equity firm Novacap, has acquired Defender Industries Inc., a family-owned marine supplies retailer based in Waterford, Connecticut. The add-on expands FortNine's product offering into marine supplies and brings the Defender brand and inventory to FortNine's powersports e-commerce platform.
- Buyers
- FortNine, Novacap
- Targets
- Defender Industries Inc.
- Sellers
- Lance family (owners of Defender Industries)
- Platforms
- FortNine
- Industry
- E-Commerce
- Location
- Connecticut, United States
- Transaction Type
- Addon
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