Titan Cloud, a portfolio company of M33 Growth, has received a strategic investment from Charlesbank Capital Partners

Titan Cloud

Titan Cloud Software provides industry-leading Software as a Service (SaaS) solutions for environmental compliance, advanced fuel analytics, wetstock management and facility maintenance, so its customers can effectively manage risk and run efficient, profitable businesses. Entrusted by a customer base that includes the biggest names in the retail petroleum industry and commercial fleet market, Titan’s software currently monitors approximately 50% of all United States consumer gasoline throughput and covers over 65,000 facilities. Working with this extensive network enables Titan to provide its customers with compelling data and analytics they can use to manage risk and fuel profit. The company was launched in 2012 and is headquartered near Nashville, Tennessee.

The Deal

After Titan’s management team successfully established an industry-leading provider of Internet of Things (IoT) and environmental, social and governance (ESG) software with the support of investment firm M33 Growth, it sought the right partner to support its next phase of growth and execute its acquisition pipeline. With a differentiated platform, superior product-market fit and proven acquisition engine, Titan received strong investor interest. Despite challenging market conditions during the process, Lincoln International leveraged industry expertise, investor relationships and transaction experience to create a competitive process, enhancing value and optimizing terms for M33 Growth and Titan each step of the way.

Brian Shortsleeve, Managing Director at M33 Growth, commented, “Lincoln’s depth of software transaction experience, specific industry expertise and strong investor relationships were invaluable to creating a great outcome for all stakeholders, even in the face of recent market volatility and uncertainty.”

David Freese, Chief Executive Officer of Titan Cloud, added, “The Lincoln team provided valuable insight, guidance and advice at each step of the process, enabling us to find a great partner for our next phase of growth.”

Our Perspective

Matt Kessler, Managing Director in Lincoln’s Technology, Media & Telecom Group, stated, “It was a pleasure to represent such a high-quality company and team at Titan and M33. This transaction is a perfect example of the continued strong investment interest and momentum around ESG and IoT trends within the industrial software category.”

Titan Cloud M33 Charlesbank Capital Partners LLC 2022 Connect with a Senior Team Member

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