January 28, 2022
RALEIGH – Prometheus Group has made another acquisition, buying RiskPoynt, a provider of risk management software.
The purchase marks the seventh one made by the company, since it was itself acquired by Genstar Capital in 2019.
The Raleigh-headquartered company is considered a “unicorn” based on the deal with Genstar Capital, and announced it had bought Atlanta-based Ventureforth in December 2021.
According to company CEO Eric Huang, the acquisition of RiskPoynt was a “natural fit” for the firm. “Both organizations have designed solutions with two key goals in mind – increasing the safety of maintenance personnel and improving plant operations by making data readily available,” said Huang in a statement.