Advent International to make new equity investment to fund Fortiline acquisition

PE sponsor Advent International committed a significant new equity investment to support Morsco's acquisition of Fortiline.

“Morsco, a portfolio company of global private equity firm Advent International, is one of the fastest growing distribution companies in the industry with 140+ branch locations, more than $1 billion in sales, and over 2,000 associates in 12 states. Advent will make a significant new equity investment to support the acquisition.”

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