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Prometheus Group Holdings, LLC

Details

Sector(s) | Subsector(s) Technology | Software
Investment Year 2013
Status Past | Acquired by Francisco Partners
Location Raleigh, NC
Region North America

Prometheus Group provides easy-to-use and highly configurable enterprise asset management software.

Prometheus Group’s software improves the workflow of plant maintenance operations for industrial facilities, from planning to scheduling and execution. Plant maintenance management is highly complex and can involve coordinating the certifications and schedules of hundreds or thousands of workers as well as the availability of maintenance materials and specialized equipment. The company’s software seamlessly integrates with customers’ underlying ERP system to create a single source of truth, replacing manual and time-consuming processes with domain-specific software. Prometheus helps its customers achieve significant ROI through cost savings and increased productivity. The company serves 200+ blue-chip customers across five core verticals globally. Prometheus was acquired by Francisco Partners in November 2016.

In the News

Jul 11, 2013

TA Associates Announces Minority Recapitalization of Prometheus Group

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