Genesis Capital is pleased to announce Titan Modular Systems, Apollo Modular Systems, Spartan Cargo Trailers, and Atlas Lumber and Building Supply (collectively “Titan”) has completed its merger with Sunbelt Modular, Inc. a leading producer of high-quality modular building solutions.
Titan is a highly respected manufacturer focused on delivering quality structures across the southeast and central United States. Titan operates out of four manufacturing facilities in Georgia and has a legacy of top-tier craftsmanship and customer service.
“Genesis Capital was an invaluable partner throughout the process and instrumental in helping us identify the right partner and transaction structure to achieve our specific goals and objectives”, said Drew Adams, CEO of Titan. “Their experience, strategic insight and disciplined approach guided us through every step of the process and ultimately resulted in an outstanding outcome for our families, our employees and the Company. We could not be more pleased with the result.”
“We are thrilled to welcome the entire Titan organization into the Sunbelt Modular family. Joining forces with Titan strengthens our national footprint, expands our capabilities, elevates our quality, and enables us to leverage the combined scale of the platform to deliver even more value to our customers” said Ron Procunier, Chief Executive Officer of Sunbelt Modular.
Justin Morris, Vice President at Titan, added, “Our ability to meet the growing needs of our customers and the industry will only accelerate through this outstanding partnership with Sunbelt, an organization for which we have had deep mutual respect since our founding. The future is very bright for off-site construction, and I can’t wait to see what this partnership brings to our customers, our people, and the industry as a whole.”
“We’ve always believed that good people, hard work, and taking care of your customers are what build a great company. We see those same values in Sunbelt, and that’s what makes this partnership feel like the right fit. We’re proud of what our team has built, grateful for the customers who have trusted us along the way, and excited about where we’re headed together,” said Drew Adams.
“This is an incredibly proud and exciting moment for all of us at Titan. What we have built together over the past 14 years is so much more than a business—it represents the hard work, dedication, relationships, and belief of an extraordinary group of people. Partnering with Sunbelt gives us the opportunity to honor everything that brought us here while opening the door to an even brighter future. I’m incredibly grateful for the journey that has led us to this moment, and I couldn’t be more excited about what we are going to build together,” said Kristin Wiggins Adams, CFO & Operations Manager at Titan.
Genesis Capital served as financial advisor to Titan and Coleman Talley LLP served as legal counsel.
About Titan Modular Systems
Founded in 2012, Titan Modular Systems is a leading commercial modular building and enclosed cargo trailer manufacturer serving a wide range of end-markets & applications. Titan operates out of four manufacturing facilities in Georgia and has a legacy of top-tier craftsmanship and customer service.
About Sunbelt Modular
Sunbelt Modular is a leading designer and manufacturer of modular solutions. The Company provides a robust suite of highly engineered structures for both custom and fleet applications and serves a diverse set of commercial end markets. For more information, visit www.sunbeltmodular.com.
About Littlejohn & Co.
Littlejohn & Co. is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments in growing middle-market industrial and services companies that can benefit from Littlejohn’s 30 years of operational and sector expertise. With approximately $9.0 billion in regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. For more information about Littlejohn, visit www.littlejohnllc.com.