Titan, Inc. is a provider of custom-engineered functional test stands for the fluid power, hydraulic component, and off highway vehicle markets including construction, agriculture, and forestry equipment.  Founded in 1966 and based in southeastern Wisconsin, the Company has evolved into a premier manufacturer of test stand solutions for complex applications requiring precise testing and measurement and data acquisition, analysis, and management.

Promontory Point Capital (“PPC”) was introduced to the owners of Titan to advise on ownership liquidity & transition objectives.  The business had been previously represented by another advisor; however, transaction negotiations had stalled and Titan’s owners sought out a firm that could provide a fresh perspective on the best strategic and financial audience for the business.  PPC began approaching a targeted list of potential strategic and financial parties during June of 2017 and secured several competing bid letters by the end of July 2017.  During September of 2017, a letter of intent was signed by Titan with Michigan-based Burke Porter Group (“BPG”).

As a global leader in the design and manufacturer of intelligent machines, PPC identified that the Burke Porter Group would be the best strategic fit for Titan, Inc.  In addition to being a solid strategic fit, BPG provided the best financial outcome for Titan’s owners as well as a strong partner for Titan’s management team & employees.  The sale of Titan, Inc. to Burke Porter Group was completed by PPC in January of 2018.  Read the press release.