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New Deal


Announced

M33-backed Titan Cloud Software to acquire JMM Global.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

United States

Majority

software-as-a-service

Private

Software

Acquisition

Pending

Merger

software development

Single Bidder

Private Equity

Synopsis

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M33-backed Titan Cloud Software, which provides solutions for environmental compliance, advanced fuel analytics, and facility management, agreed to acquire JMM Global, a SaaS organization. Financial terms were not disclosed. "Merging with JMM Global allows us to bring together two market leaders to create a company that provides best-in-class software and services to an industry that is hungry for innovation, automation, and artificial intelligence, along with the high-touch support that we've always offered our customers. With JMM Global on board, we now have even more expertise and increased capabilities to provide our customers with the platinum software support and premium services they need," David Freese, President and CEO of Titan Cloud.

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