Leading convenience store chain with big expansion plans finds success with Titan Cloud
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Yesway, one of the U.S.’s fastest growing convenience store chains with locations across the Midwest and South-Central regions, has chosen Titan Cloud Software as its platform for environmental compliance.
Titan Cloud Software—whose global customers include 7-Eleven, Circle K, EG Group, XPO Logistics, Hertz, and British Petroleum—delivers the industry-standard compliance platform for retail and commercial fuel providers. The company is based just outside Nashville and has experienced significant double-digit growth annually since being launched in 2012.
“It was important for us to have a platform that would help us automate the importation of test and inspection records to create efficiencies with repairs, testing, and our existing vendor dispatch system,” said Melissa Davis, Compliance Manager with Yesway. “Given the complexity of our tank systems and our need for real-time alarm tracking and leak detection, we wanted a platform that worked with a number of different tank monitors. We needed a platform that could easily grow and scale with us, given our plans for rapid growth from rebuilds, new construction, and acquisitions.”
“Titan Cloud is excited to be partnering with Yesway to help support and deliver a critical component for risk mitigation and compliance management,” said John Donnelly III, Chief Revenue Officer for Titan. “Our SaaS platform will enable Yesway’s compliance team to scale with a proven solution for fuel management. We look forward to working with Yesway on additional projects as they acquire more convenience stores.”
Titan Cloud Software has been on a rapid growth trajectory since receiving an investment from M33 Growth, a private equity firm based in Boston. In addition to key strategic hires in sales and marketing, the company continues to invest heavily in product technology and customer success, making it one of Tennessee’s fastest-growing tech companies.
BW Gas & Convenience Holdings, LLC (d/b/a Yesway) is headquartered in Des Moines, Iowa and Clovis, New Mexico. Yesway was ranked #1 in year-over-year relative store growth on the Convenience Store News “2019 Top 20 Growth Chains” list and is currently ranked #17 on the “CSP Top 202 Chains” list by total portfolio size. They were also named a “2017 Chain to Watch” by Convenience Store Decisions, awarded a Bronze for Loyalty & Advocacy in the 2018 Loyalty360 Customer Experience Awards, and its CEO has been named a “CSP 2020 Power 20 Deal Maker” and its CTO was recently honored by Convenience Store Decisions with its inaugural “Technology Innovator Award”. Yesway’s portfolio currently consists of 415 stores in Iowa, Texas, New Mexico, Oklahoma, Kansas, Missouri, Nebraska, South Dakota, and Wyoming. Yesway plans to grow its portfolio to over 500 convenience stores in selected regions of the United States over the next several years. www.yesway.com.
About Titan Cloud Software
Titan Cloud Software provides industry-leading 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 includes the biggest names in 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. The company was launched in 2012 and is headquartered near Nashville, Tennessee. Learn more at www.titancloud.com.
About M33 Growth
M33 Growth is a venture and growth stage investment firm that seeks to partner with founders and CEOs who have successfully bootstrapped their companies to strong growth and are positioned to rapidly scale their companies and break through as market leaders. With deep experience fueling sales and marketing engines, driving acquisitions and building value through data assets, M33 Growth seeks to propel portfolio companies to succeed in their markets. Founded by veterans of renowned investment firms with considerable operational experience, the Boston-based firm seeks to invest in companies in the software, healthcare and services sectors throughout North America. Learn more at www.m33growth.com.