Agellus Capital Bets on Titan Restoration in Essential Services Play

CLAYTON, MO – March 11, 2026 – In a move that highlights a significant trend in private equity, newly-formed Agellus Capital has announced the completion of a major growth investment in Titan Restoration of Arizona. The deal provides a substantial capital infusion for the Phoenix-based commercial restoration leader and marks a key transaction for Agellus, a firm strategically focused on the stability and growth potential of non-discretionary, essential service industries.

The partnership aims to transform Titan from a regional powerhouse in the Mountain West into a national platform, leveraging Agellus's capital and a “buy-and-build” strategy in a sector experiencing rising demand due to factors like climate change and aging infrastructure.

A Calculated Bet on Non-Discretionary Services

Founded in 2024, Agellus Capital has quickly established itself as a serious player, closing its debut fund at an oversubscribed $400 million in July 2024. The firm’s investment thesis is sharply focused: partner with founders and management teams in essential, non-discretionary service businesses that demonstrate resilience to economic cycles. These are industries providing services that customers cannot easily postpone, such as facility maintenance, IT infrastructure, and property restoration.

Agellus targets companies with $2 million to $25 million in EBITDA, seeing opportunity in large, fragmented markets ripe for consolidation. The investment in Titan Restoration fits this playbook perfectly. It follows a series of similar strategic moves by the firm, including investments in commercial landscape provider HighGrove Partners and fire and life safety services platform Bluejack Fire & Life Safety. This pattern underscores a deliberate strategy to build a portfolio of companies that provide mission-critical services to businesses and consumers.

“Titan has clearly differentiated itself with its capabilities, its team, and reputation in the market for delivering best in class service and quality,” said Beau Thomas, Co-Founder and Managing Partner of Agellus Capital. “We’re thrilled to partner with Russ and the entire Titan team in their vision to continue building Titan into a leading platform in the market and to support their next phase of growth in the Mountain West and beyond.”

From Arizona Leader to National Contender

For nearly two decades, Titan Restoration has built a formidable reputation across Arizona. Founded in 2005 by CEO Russ Palmer, the company carved out a niche by focusing on the complex needs of commercial clients. Operating across the Phoenix, Tucson, Flagstaff, and Prescott metropolitan areas, Titan provides a comprehensive suite of services, from 24/7 emergency water and fire mitigation to mold remediation, asbestos abatement, and full-scale reconstruction.

This focus on the commercial sector, coupled with a reputation for quality and strategic relationships with property managers and other stakeholders, has set the company apart. Titan has invested in client education, offering continuing education courses and hands-on “Flood House” demonstrations for community managers. This commitment to partnership and quality has earned it an A+ rating from the Better Business Bureau, where it has been accredited since 2006.

The partnership with Agellus is seen as a way to accelerate growth without sacrificing the company’s core values. “From the beginning, it was clear that Agellus sees growth the same way we do—through real partnership and a long-term mindset,” said Russ Palmer. “Together, we’re excited to expand Titan Restoration while protecting the people, culture, and standards that built this company.”

Restoration Reimagined: The Role of Capital and Technology

The Agellus investment is poised to do more than just expand Titan’s geographic footprint; it is set to transform its operational capabilities. A key component of the growth strategy involves significant investments in technology, talent, and add-on acquisitions, reflecting broader trends sweeping the property restoration industry.

Modern restoration is increasingly a high-tech field. The capital infusion will enable Titan to adopt and scale cutting-edge technologies that enhance efficiency, accuracy, and safety. This includes the use of drones equipped with thermal imaging cameras for rapid, non-invasive assessment of roof and exterior damage, especially in large commercial facilities. Inside, the use of AI-powered software can streamline damage estimation, job scheduling, and documentation for insurance claims, while Internet of Things (IoT) sensors can provide real-time moisture and humidity monitoring to prevent secondary damage like mold growth.

This technological advancement is crucial in an industry where response time and accuracy are paramount. By leveraging these tools, Titan can improve service delivery for its clients and gain a competitive edge as it scales. The investment will also focus on attracting and retaining top-tier talent, from certified technicians to project managers, ensuring that service quality remains high during a period of rapid expansion.

Furthermore, Agellus’s “buy-and-build” approach will be central to Titan’s expansion. The firm will actively help Titan identify and acquire smaller, complementary restoration businesses, first within the Mountain West and then across the country. This strategy allows for rapid market entry and the creation of a consolidated national platform capable of servicing large, multi-state commercial clients, a significant advantage in a traditionally fragmented industry.