Titan Cloud, a provider of fuel asset optimization software, recently acquired global fuel analytics software and field technologies provider Leighton O’Brien in a move the company says positions Titan Cloud as a 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 global growth and expand its footprint into six continents and 43 countries, adding 20,000 sites to its fuel monitoring capabilities to deliver faster ROI and streamlined experiences at over 85,000 gasoline stations worldwide, the company reported.
“Titan Cloud is committed to connecting people, equipment, and facilities to maximize operational efficiency and reduce the environmental impact of every fueling facility on the planet,” David Freese, Titan Cloud CEO and chief product officer, said in a news release. “With this acquisition, we will accelerate our global growth, extend our product portfolio, and expedite our Fuel Asset Optimization roadmap.
“Moreover, customers will benefit from the industry’s best and most complete fuel asset optimization platform for operational scale, performance, and ROI.”
Together, the companies plan to extend their fuel asset optimization strategy to deliver:
- A comprehensive product offering in compliance, maintenance, and fuel management backed by Titan Cloud’s proven, resilient, and scalable platform, which is trusted by the biggest brands in fuel and convenience
- Enterprise software that automates processes, creates efficiencies, and takes proactive measures across fuel systems
- An accelerated product roadmap that will integrate, enhance, and drive better products and user experience
- Greater depth of expertise to better serve the current and future needs of their customers
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.
“We’re excited to unlock the next stage of growth by leveraging our complementary strengths to deliver the best solutions on the market, creating more value for our customers and opportunities for our employees,” Cooper said. “Titan’s deep product portfolio, robust platform, and financial backing, combined with our global footprint, rich wetstock IP, and decades of experience, strengthen our collective position and provide the operating scale needed to serve our growing international customer base.”