Titan Cloud Receives Strategic Investment From Charlesbank Capital Partners
09/08/22, 3:04 PM
Location
franklinIndustry
saas
software
analytics
oil and gas
Titan Cloud, the nation's leading software platform providing environmental and operational solutions for convenience stores, fuel carriers, and service providers, is pleased to announce that Charlesbank Technology Opportunities Fund, LP a fund managed by Charlesbank Capital Partners, has made a majority investment in the company. The funding will assist Titan in accelerating the expansion of its business both organically and through M&A. Charlesbank is an experienced middle-market private investment firm based in Boston and New York. Existing investor M33 Growth also made a significant investment into the business.
Company Info
Location
franklin, texas, united states
Additional Info
Titan Cloud provides an industry-leading Fuel Asset Optimization software platform to help customers effectively manage environmental compliance risk, reduce maintenance costs, and increase revenue. Entrusted by a customer base that includes the biggest names in the retail petroleum industry and commercial fleet market, Titan's software platform currently monitors 50% of all U.S. consumer gasoline throughput and covers more than 85,000 facilities. Working with this extensive network enables Titan to provide its customers with compelling data and analytics that they can use to manage risk and fuel profit. Launched in 2012, the company is headquartered near Nashville, Tennessee. Learn more at www.titancloud.com.