MHS, Inc./Fortna Inc.
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MHS, Inc./Fortna Inc. - overview
Established
2022
Location
-, -, US
Primary Industry
Logistics & Distribution
About
Based in the US, MHS, Inc. /Fortna Inc. is a company that provides global e-commerce and Logistics services to its customers. The firm is formed by the merger of MHS, Inc.
and Fortna Inc. , the portfolio companies of Thomas H Lee Partners and Abu Dhabi Investment Authority, in April 2022. MHS offers global material handling automation technology along with system integration and Forta offers operation optimization software and solutions for warehouse and distribution. The merger is subject to the customary closing conditions and regulatory approvals and upon the closure, Rob McKeel will become the CEO, and Scott McReynolds will become the President, of the new entity.
MHS, Inc. /Fortna Inc. ’s automation, advanced operating software, and services provide end-to-end solutions in logistics operations. The company’s offerings include parcel services, cross-docking, conveyance, and sortation solutions by leveraging its orchestration and optimization software and advanced automation.
The merger of the two companies in April 2022 will help enable the new combined entity to scale its model to customers around the world and drive further innovation in operating models, software, and automation.
Primary Industry
Logistics & Distribution
Sub Industries
Logistics & Distribution, Software
Verticals
E-commerce
Total Amount Raised
Subscriber access only
MHS, Inc./Fortna Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Announced | Fortna Inc., MHS, Inc. | - |
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MHS, Inc./Fortna Inc. - employee data
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