TitanHQ is pleased to announce the UK-based mid-market private equity firm Livingbridge has invested in TitanHQ through its Enterprise 3 fund.
Livingbridge invests in fast growing companies valued up to 200 million. The Enterprise 3 fund is used to invest in companies with an enterprise value of up to £50 million. Livingbridge identified TitanHQ as an ideal company for investment, being uniquely positioned with a well-differentiated product portfolio, operating in an attractive market with strong macro tailwinds, and being a leader in the sector with a proven track record for delivering robust, easy to use, effective, and much loved security solutions.
TitanHQ has been operating for 20 years during which time the company has collected many awards for its email security, web filtering, and email archiving SaaS solutions – SpamTitan, WebTitan, and ArcTitan.
More than 8,500 businesses have chosen TitanHQ as a security partner and the company is hugely popular with managed service providers, with SpamTitan, WebTitan, and ArcTitan offered by more than 2,500 channel partners. SMBs, MSPs, and ISPs in more than 150 countries use TitanHQ solutions, including big name brands such as Pepsi, Virgin, O2, ViaSat, and Datto. The company has registered year on year growth and now has an ARR of more than $15 million.
“We are delighted to be partnering with TitanHQ,” said Livingbridge director, Nick Holder. “There is a tremendous opportunity for Titan HQ to accelerate its growth trajectory over the coming years and we look forward to working closely with the management team to fulfill the company’s potential. Their focus and dedication to the MSP community is completely aligned with our strategy.”
The partnership will help TitanHQ reach its full potential and further cement its position as the leading provider of cloud-based security solutions to MSPs serving the SMB market.
“We are excited to be taking this next step in our growth journey with Livingbridge, a partner that understands the unique strengths of our business, shares our vision for success and has the experience and resources to help us to achieve it,” said TitanHQ CEO, Ronan Kavanagh.