Genstar Capital Acquires Prometheus Group from Francisco Partners

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 Utopia Global, Inc.

October 16, 2020

Data & Analytics

Prometheus Group has acquired Utopia Global, Inc., a provider of data quality, data migration and data governance software and services. The deal — the fifth add-on since Genstar Capital invested in Prometheus — expands Prometheus' asset management platform with Utopia's SAP-integrated master data management and machine-learning capabilities.

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 RiskPoynt

January 20, 2022

Software

Prometheus Group, a provider of asset management and optimization software, has acquired RiskPoynt, a SaaS provider of operational risk and barrier-health management software. The deal expands Prometheus' Prometheus Platform capabilities in risk visualization and mitigation for asset-intensive industries and is the seventh acquisition since Prometheus was acquired by Genstar Capital.

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.

Genstar Capital Acquires Majority Stake in Blue Star Sports

April 10, 2017

Cloud & SaaS

Genstar Capital has made a majority equity investment in Blue Star Sports to fund strategic acquisitions and accelerate the company's organic growth. Blue Star Sports — a Frisco, Texas–based provider of sports management software and payment solutions — will continue to have material ownership by founder Rob Wechsler, the Jerry Jones family, and Providence Strategic Growth while using the new capital to expand in North America and internationally.