Country for PR: United States
Contributor: PR Newswire New York
Tuesday, February 23 2021 - 09:00
AsiaNet
Titan Cloud Software acquires Environmental Monitoring Solutions to focus on global growth, wetstock management software solutions
FRANKLIN, Tenn., Feb. 23, 2021 /PRNewswire-AsiaNet/ --

-- Melbourne-based Environmental Monitoring Solutions (EMS) will be the first 
non-U.S. acquisition for the company

Titan Cloud Software is pleased to announce that it has acquired Australian 
firm Environmental Monitoring Solutions (EMS). The move is the latest in a 
series of growth milestones for Titan Cloud and will enable the company to 
expand its portfolio of wetstock management solutions and accelerate the 
company's expansion in non-U.S. markets.
 
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"We are excited to welcome EMS and its employees to Titan Cloud," says David 
Freese, CEO and Chief Product Officer for Titan Cloud. "It became clear early 
on that the two companies share similar goals and vision for the industry, and 
our complementary products will enable us to provide even better solutions for 
our customers."

"It's a win-win for everyone, customers and employees alike," said Russell 
Dupuy, CEO of EMS. "The synergies between our two companies will enable us to 
grow faster and provide more customers with the digital solutions they need to 
manage the industry's toughest challenges. We're really looking forward to 
working with such a high-caliber team to deliver more innovative solutions to 
the global market." 

Dupuy will maintain his leadership role within the company as Managing Director 
of EMS. The company will retain its name and brand while integrating 
operationally and from a product perspective with Titan Cloud. Dupuy will also 
become SVP of Global Wetstock for Titan Cloud with a focus on product-market 
strategies and global growth.

"EMS has a great reputation in Australia and throughout the region, and Russell 
brings with him vast commercial expertise in regions that Titan hasn't 
previously focused on. We're excited to leverage that expertise as we continue 
our global growth strategy and expand our customer base throughout Asia Pacific 
and Europe," said John Donnelly III, Chief Revenue Officer for Titan Cloud.
 
Donnelly continued: "Our investors at M33 Growth have been great partners in 
this process and continue to support our organic growth and our M&A strategy as 
we scale the business." 

Titan and EMS products monitor fuel throughput at over 50,000 sites worldwide 
and serve the world's top convenience store groups including Circle K, bp, EG, 
7-Eleven, Shell China and Viva Energy. By combining their expansive product 
lines, which include solutions for environmental compliance, SIR, and advanced 
wetstock management, the company plans for significant global customer 
expansion. 

Financial terms of the acquisition were not disclosed. 

About Titan Cloud Software

Titan Cloud Software provides industry-leading solutions for environmental 
compliance, advanced fuel analytics, wetstock management, and facility 
maintenance, so that customers can effectively manage risk and run efficient, 
profitable businesses. Titan Cloud's software currently monitors 50% of all 
U.S. consumer gasoline throughput and covers more than 65,000 facilities. The 
company was launched in 2012 and is headquartered near Nashville, Tennessee. 
Learn more at www.titancloud.com. 

About Environmental Monitoring Solutions (EMS) 

Environmental Monitoring Solutions Pty Ltd (EMS) has been specialising in 
Wetstock Management and Forecourt Automation for the past 25 years. Its 
innovative products are used in a variety of industries including retail 
forecourts, fleets, utilities, and airports. The company is located near 
Melbourne, Australia. Learn more at www.drivingfueliq.com 

About M33 Growth

M33 Growth is a venture and growth stage investment firm that seeks to partner 
with founders and CEOs who have successfully bootstrapped their companies to 
strong growth and are positioned to rapidly scale their companies and break 
through as market leaders. Founded by veterans of renowned investment firms 
with considerable operational experience, the Boston-based firm seeks to invest 
in companies in the software, healthcare and services sectors throughout North 
America. Learn more at www.m33growth.com.
 
SOURCE Titan Cloud Software

CONTACT: Meredith Bagdazian, meredith.bagdazian@titancloud.com