M&A Deal Summary

Titan Cloud Software Acquires Canary Compliance

On July 13, 2021, Titan Cloud Software acquired technology hardware company Canary Compliance

Acquisition Highlights
  • This is Titan Cloud Software’s 1st transaction in the Technology Hardware sector.
  • This is Titan Cloud Software’s 2nd transaction in the United States.
  • This is Titan Cloud Software’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2021-07-13
Target Canary Compliance
Sector Technology Hardware
Buyer(s) Titan Cloud Software
Deal Type Add-on Acquisition

Target

Canary Compliance

Philadelphia, Pennsylvania, United States
Canary Compliance provides underground storage tank owners and operators with smart, simple remote tank monitoring solutions at an affordable price. Canary Compliance was founded in 2016 and is based in Philadelphia, Pennsylvania.

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Buyer(S) 1

Buyer

Titan Cloud Software

Franklin, Tennessee, United States

Category Company
Founded 2012
Sector Software
DESCRIPTION

Titan Cloud Software provides industry-major solutions for environmental compliance, advanced fuel analytics, and facility management so that clients can effectively manage risk and run efficient, profitable businesses. Entrusted by a customer base that comprises the who's who of the retail petroleum industry and commercial fleet market, Titan's software currently monitors 50% of all U.S. consumer gasoline throughput and covers more than 65,000 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. Titan Cloud Software was founded in 2012 and is based in Franklin, Tennessee.


DEAL STATS #
Overall 3 of 5
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 2 of 4
State (Pennsylvania) 1 of 1
Country (United States) 2 of 4
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-22 Environmental Monitoring Solutions Pty

Victoria, Australia

Environmental Monitoring Solutions Pty Ltd (EMS) has been specializing 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. EMS was founded in 2003 and is located near Victoria, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-26 Leighton O’Brien

Rockledge, Florida, United States

Leighton O’Brien is 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. Leighton O’Brien is based in Rockledge, Florida.

Buy -