Prometheus Group Acquires Engica
Prometheus Group, a leading global provider of asset management operations and optimization software, announced the acquisition of U.K. based Engica, a provider of maintenance and safety management software.
The enterprise asset management sector is set to continue to grow rapidly as organizations need a 360-degree view of assets, to support and accelerate digital transformation. The acquisition will expand the software and service offerings of Prometheus Group in the asset management operations, with the integration of the Engica suite of environmental, health and safety solutions into the Prometheus software platform. It will also increase the company’s scale in the U.K.
“We are delighted to welcome Engica customers, partners, and employees to Prometheus Group,” said Eric Huang, CEO, Prometheus Group. “This is an exciting milestone as we will now be able to offer our customers additional environmental, health and safety capabilities, including incident management. Engica customers, in turn, will have access to our integrated asset management platform with a broad portfolio of solutions. This acquisition further supports our mission to create a safer environment for all of our customers.”
Prometheus Group provides web-based planning and scheduling software for operations management. The company is trusted by the largest asset-intensive organizations spanning oil & gas, chemical, pulp & paper, mining & metals, and utilities industries across the globe.
Financial terms of the acquisition are not being disclosed.
District Capital Partners acted as the buyside advisor to Prometheus Group.
About Prometheus Group
Prometheus Group is a leading global provider of comprehensive and intuitive plant maintenance operations and optimization software, with a broad platform of solutions addressing the unique idiosyncrasies and requirements of heavy asset operators. Prometheus’ interconnected platform allows changes to be communicated in real-time across an organization, improving manpower efficiency and driving production uptime. Learn more about Prometheus Group here and connect on Twitter and LinkedIn.
Engica is recognized as a world-leading provider of pioneering, multi-lingual, software for maintenance and safety management to a diverse client base of blue-chip companies around the world. Its industry-proven technologies dramatically improve work processes and drive operational excellence.