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New Deal


Announced

Completed

Charlesbank Capital completed the acquisition of a majority stake in Titan Cloud from M33 Growth.

Financials

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

Tags

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Private Equity

Acquisition

Majority

Private

Completed

Domestic

testing and analysis software

Friendly

Information / Data Services

United States

Single Bidder

Software

Synopsis

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Charlesbank Capital, a private equity investment firm, completed the acquisition of a majority stake in Titan Cloud, a developer of monitoring and analysis software, from M33 Growth, a venture and growth stage investment firm. Financial terms were not disclosed. "Charlesbank's investment is a testament to our winning team, best-in-class products, and loyal customers. Their size, reputation, and expertise will enable us to broaden and deepen our GTM and product portfolio, ultimately serving customers better," David Freese, Titan Cloud CEO and CPO.

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