Quad-C Management, Inc., a leading middle market private equity firm, announced that it has recently completed a growth investment in Titan Security Group, one of the largest security companies in North America.
Titan is a leading provider of security staffing and security systems solutions, serving commercial, multi-family residential, industrial, and retail clients throughout the Chicago metropolitan area, Northern Indiana, and Southern Wisconsin. Titan provides security services for many of the premier properties in the Chicagoland area and differentiates itself by providing industry leading service and a unique operational support structure for its security staff.
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A family-owned business since its 1994 inception, Titan is led by President and CEO, David S. Pack, who will continue in that capacity.
“We are excited to partner with Quad-C to continue our strong growth at Titan,” said Mr. Pack. “We were looking for a partner with a track record of working with owner/operators to invest in growth and build businesses for the future. Their experience with both human capital and tech-enabled services business will provide us with valuable experience and resources to enhance our capabilities for the benefit of our customers and employees.”
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“Quad-C has evaluated a number of security services companies, and we came away very impressed with Titan’s exceptional track record of more than 10 years of consecutive double digit revenue growth and industry leading employee retention,” said Tim Billings, a Partner at Quad-C. “The security services market is highly fragmented, and we believe Titan will be a differentiated platform in the space as we look to expand.”
“We have been very impressed with Dave and the entire Titan management team,” said Jack Walker, a Partner at Quad-C. “We are looking forward to supporting Titan as the company grows both organically and through acquisitions.”
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