BC Partners takes majority stake in Fortidia

BC Partners has completed a strategic investment to acquire a majority ownership stake in Fortidia, a global platform for shipping and business services. The stake was acquired from the company's founding Fiorelli family and funds managed by Oaktree Capital Management. This transaction represents a partnership, as Chairman and CEO Paolo Fiorelli will continue to lead the company and will also retain a significant equity position. For Fortidia, this partnership arrives at a pivotal moment, intended to fuel ambitious plans for strengthening its competitive position, accelerating international expansion, and enhancing its financial profile. The management team believes BC Partners’ operational expertise and resources will be instrumental in achieving these growth objectives. From BC Partners' perspective, the investment aligns with its strategic focus on backing successful entrepreneurs within the route-based services sector, an area the firm identifies as having strong long-term growth potential. The private equity firm was attracted to Fortidia’s resilient business model, its extensive established network, and its compelling growth trajectory. Post-closing, BC Partners intends to collaborate closely with the management team to pursue further growth, both organically by enhancing service offerings and expanding the global network, and inorganically through strategic M&A in a fragmented market.

In the past, Fortidia was acquired by Oaktree Capital Management in 2019 as part of its expansion strategy.