Titan Cloud Software has acquired Australian firm Environmental Monitoring Solutions (EMS).
The move will enable the company to expand its portfolio of wetstock management solutions and accelerate the company’s expansion in non-U.S. markets.
“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.”
Financial terms of the acquisition were not disclosed.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.