Fortis Payment Systems, LLC

Fortis Payment Systems, LLC, based in the US, specializes in integrated payment solutions that streamline financial transactions for businesses across various sectors, enhancing efficiency and client satisfaction. Founded in 2009 in Plano, US, Fortis Payment Systems, LLC provides integrated payment solutions for businesses. The company was co-founded by Clarence PE, Jimmy Nafso, Nirav Shah, Samir Pimputkar, and Timmy Nafso. In March 2025, Audax Private Equity acquired a 50% majority stake in the company from Lovell Minnick Partners as part of a recapitalization.

The company has completed a total of 2 deals, with the most recent deal taking place in March 2025. Fortis Payment Systems specializes in delivering integrated payment solutions designed to streamline financial transactions for businesses across various sectors. Their core offerings include automated accounts receivable (AR) integration, click-to-pay invoicing, and robust processing for Level 2 and Level 3 data, which enhance transaction efficiency and reduce compliance costs for clients. The company’s services cater primarily to businesses in industries such as healthcare, hospitality, eCommerce, and nonprofit organizations, emphasizing the creation of tailored payment experiences that improve customer satisfaction and operational efficiency.

Fortis’s solutions facilitate frictionless payment processes, empowering end-users to manage invoices, accept diverse payment methods, and gain real-time cash flow visibility. The company's products are marketed to a global clientele, with notable presence in the United States and Canada. Fortis Payment Systems generates revenue through a combination of transaction fees, subscription models, and service agreements with its clients. Their business structure typically involves partnerships with B2B clients who utilize Fortis's payment processing capabilities to enhance their financial operations.

For instance, a healthcare provider may integrate Fortis’s payment solutions to automate billing and streamline collections, leading to improved cash flow management. The pricing plans associated with their services reflect a commitment to providing value, as clients pay for transaction processing, recurring billing features, and customized reporting tools as part of their subscription to the Fortis platform. The company’s flagship offerings include seamless AR integration and dedicated ERP support, which contribute significantly to their revenue generation and customer retention strategies. Fortis Payment Systems plans to leverage recent funding from the acquisition by Audax Private Equity to support its growth and market reach expansion.

The company aims to launch new products designed to enhance payment processing capabilities, with specific details to be announced. Additionally, plans are underway to expand into new geographic regions, targeting markets across North America and potential international locations by 2025. The capital raised will be crucial in facilitating these initiatives, enabling Fortis to enhance its product offerings and capture a larger market share.