Titan Cloud, a Nashville, TN-based Fuel Asset Optimization software platform, acquired Leighton O’Brien, a Rockledge, Florida-based global fuel analytics software and field technologies provider.
The move positions Titan Cloud as a global leader in the downstream fuel software market. The acquisition sees Titan Cloud and Leighton O’Brien combining their expertise in environmental compliance, site maintenance and fuel management solutions. Through the acquisition, Titan Cloud will accelerate its global growth and expand its footprint into six continents and 43 countries, adding 20,000 sites to its fuel monitoring capabilities to deliver streamlined experiences at over 85,000 gasoline stations worldwide.
Chris Cooper, CEO of Leighton O’Brien, joins Titan Cloud as the new President of International to lead global expansion serving fuel retailers, fleet operators, and service providers across both established and emerging markets.
Launched in 2012 and led by David Freese, CEO and Chief Product Officer, Titan Cloud provides a Fuel Asset Optimization software platform to help customers manage environmental compliance risk, reduce maintenance costs, and increase revenue. The software platform currently monitors 50% of all U.S. consumer gasoline throughput and covers more than 85,000 facilities of customers that include the biggest names in the retail petroleum industry and commercial fleet market,
Leighton O’Brien has 28 years’ experience providing fuel software analytics and field technologies to petroleum retail networks and commercial fuel users to monitor, test, clean and optimize their fuel system assets. Its product portfolio includes real time wetstock management, ATG alarm management, fuel forecasting, UST compliance testing and tank cleaning and fuel restoration. The company’s certified solutions provide accurate leak detection, minimize fuel losses, improve product quality, lower operational cost, enhance profitability and prolong asset lifespan. The company operates in 34 countries through more than 80 Licensed Service Partners.
FinSMEs
26/09/2023