Francisco Partners acquires Prometheus Group
Francisco Partners has acquired a majority stake in Prometheus Group, a provider of enterprise asset management and plant maintenance software solutions. No financial terms were disclosed. Pacific Crest Securities and Holland & Knight LLP advised Prometheus Group on the transaction while Signal Hill and Paul Hastings LLP advised Francisco Partners. In addition to the funding, Petri Oksanen, a partner at Francisco Partners, has been added to Prometheus’ board of directors.
8 November 2016•3 mins read
