All sold! I hate to see these things going to hedge funds and private equity. It's not the same as dealing with their founders.
FortNine Acquires Defender Industries * Gary Reich <https://www.tradeonlytoday.com/author/gary-reich> * 1 hour ago 1_DEFENDER Canadian powersports company FortNine, which sells equipment through an e-commerce platform, yesterday announced that it acquired Defender Industries in partnership with private equity firm Novacap. "FortNine and Defender share a passion for serving sports enthusiasts. We both have a very loyal customer base who trust our knowledge and experience to outfit them with the equipment they need," FortNine founder and president Amin Sawaf said in a statement <https://images.saymedia-content.com/.image/cs_srgb/MTg3NTA4MzAxMzc2NzkyMTI0 /1_fortnine.pdf> . "It is truly a privilege to acquire a company with such a stellar reputation, and we look forward to bringing our unique go-to-market expertise to the marine industry." Added Defender president Stephan Lance: "The Lance family has been honored to serve our customers since 1938, and in FortNine, we believe that we have found the perfect match in our shared values. We are a marine outfitter staffed by passionate boaters that enable us to deliver on our mission of great customer service. We are proud to unite with FortNine's team of enthusiasts to drive Defender into its next stage of expansion."
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