Prometheus Group Acquires RiskPoynt

Genstar Capital Acquires Prometheus Group from Francisco Partners

May 30, 2019

Software

Genstar Capital has acquired Prometheus Group from Francisco Partners for over $1 billion. Prometheus, a Raleigh-based provider of plant maintenance and optimization software with over 300 employees, will continue to be led by founder and CEO Eric Huang, who will remain a significant shareholder while Francisco Partners retains a minority stake.

Prometheus Group Acquires VIZIYA from Quarterhill Inc.

May 19, 2020

Software

Prometheus Group, a Genstar Capital-backed provider of asset management and optimization software, has acquired VIZIYA, an enterprise asset management software provider, from Quarterhill Inc. The add-on expands Prometheus' global footprint and capabilities—particularly in the Oracle and Infor ecosystems—while continuing Genstar's strategy of building Prometheus via bolt-on acquisitions.

Advent International and Leonard Green Invest in Prometheus Group; Genstar and Management Retain Stakes

June 5, 2024

Software

Advent International, joined by Leonard Green & Partners, has made a strategic growth investment in Prometheus Group, a Genstar Capital portfolio company and provider of enterprise asset management software. Genstar and Prometheus founder and CEO Eric Huang will retain meaningful stakes; the capital will support product development, go-to-market expansion and international growth, particularly in Europe and Asia.

Prometheus Group Acquires Ventureforth

December 1, 2021

Software

Prometheus Group, a Raleigh-based provider of enterprise asset management (EAM) software, has acquired Ventureforth, an Atlanta-based Oracle partner that builds cloud-based mobile apps and solutions for asset maintenance, supply chain and work management. The acquisition expands Prometheus's mobile and cloud capabilities for Oracle EAM/SCM customers and is the sixth add-on made by Prometheus since its 2019 acquisition by Genstar Capital; financial terms were not disclosed.

Prometheus Group Acquires NiSoft

December 23, 2025

Software

Prometheus Group has acquired NiSoft, a provider of digital safety management and permit-to-work software, to strengthen its environmental health and safety (EHS) and digital permitting capabilities. The acquisition expands Prometheus Group's safety and permitting offering for energy, utilities, oil & gas and other asset-intensive industries; financial terms were not disclosed.

Hub International Acquires Assets of Risk Point Consulting, Inc.

July 16, 2021

Insurance

Hub International Limited has acquired the assets of Risk Point Consulting, Inc., a Marietta, Georgia-based specialist in sports and college athletics bonus coverage and over-redemption insurance. The Risk Point team will join Hub's Gulf South region to strengthen Hub's Sports & Entertainment Specialty practice and expand its capabilities in the southern U.S.; terms were not disclosed.