RALEIGH – One of the Triangle’s technology ‘unicorns,’ private companies with a valuation of more than $1 billion, has bought its ninth company since 2019.
Raleigh-based Prometheus Group, a provider of asset management operations and optimization software, today announced it bought a Netherlands-based software company.
The company, LUCY Industrial Management Solutions (IMS), is the latest in a string of acquisitions for Prometheus Group, which bought RiskPoynt in January 2022 and S&V in February 2022. The latest purchase is the company’s ninth since it was itself acquired by Genstar Capital in 2019.
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“LUCY’s innovative solutions are very compelling and provide a critical service to their customers,” said Eric Huang, CEO of Prometheus Group, in a statement. “We are excited to include LUCY into the Prometheus Group platform.”
Financial terms of the acquisition were not disclosed. The company did not respond immediately to a request for comment.
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