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ServiceTitan Announces Strategic Partnership with Galaxy Service Partners
Globenewswire· 2025-10-14 13:00
Core Insights - ServiceTitan has announced a strategic partnership with Galaxy Service Partners, focusing on empowering commercial contractors through advanced technology solutions [1][2] - Galaxy Service Partners aims to differentiate itself from traditional private equity firms by fostering a people-first platform that emphasizes strong leadership and company culture [2][3] - The partnership will leverage ServiceTitan's comprehensive technology suite to enhance operational efficiency and support long-term growth for Galaxy's portfolio of brands [4][5] Company Overview - ServiceTitan is a cloud-based software platform designed to support trades businesses by providing tools for business management, customer experience, and operational efficiency [7] - Galaxy Service Partners is a newly formed alliance of companies specializing in commercial doors, automatic gates, and access control, focusing on maintaining unit-level ownership for its partners [8] Technology Utilization - Galaxy will utilize ServiceTitan's technology for property intelligence, AI-driven project controls, modern customer experiences, flexible estimating tools, streamlined workflows, and integrated technology stacks [4] - The technology suite aims to improve decision-making, enhance customer transparency, and boost productivity for contractors [4][5] Leadership and Vision - Galaxy was founded by industry veterans who previously established Guild Garage Group, which has become one of ServiceTitan's fastest-growing enterprise customers [3] - The leadership emphasizes a disciplined approach to scaling while preserving company culture and driving consistent performance across its brands [3][5]
ServiceTitan Announces Strategic Partnership With Cobalt Service Partners
Globenewswire· 2025-04-15 15:30
Core Insights - ServiceTitan has announced a strategic partnership with Cobalt Service Partners to enhance growth and efficiency for Cobalt's expanding portfolio of commercial access solutions businesses [1][2] - Cobalt has rapidly grown to include 12 market-leading brands within just over a year, indicating significant market traction and potential [1] - The partnership aims to leverage ServiceTitan's technology to provide commercial contractors with tools for profitable and sustainable growth [2][3] Company Overview - Cobalt Service Partners focuses on acquiring and building market-leading access solutions businesses, emphasizing technology and operational excellence to support growth [8] - ServiceTitan is a cloud-based software platform designed to empower trades businesses, providing an integrated solution for managing operations and enhancing customer experience [7] Technology and Tools - The partnership will utilize ServiceTitan's technology suite, which includes project management, real-time costing, AI-powered profit predictors, and mobile-first field applications [4][3] - Key features of the technology include inventory management, accounting automation, and deep integrations with other essential tech platforms [4] Market Context - The commercial contracting industry is increasingly investing in technology to address challenges such as rising costs, labor shortages, and cash flow issues [6] - ServiceTitan's recent industry report highlights the trend of contractors seeking technological solutions to improve efficiency and competitiveness [6]