# Prometheus Group

Prometheus Group is an Asset Manager based in Raleigh, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Raleigh, United States
- **Region:** North America
- **Address:** Raleigh, NC, United States
- **Founded:** 1998
- **Assets under management:** Undisclosed
- **Website:** prometheusgroup.com
- **LinkedIn:** https://www.linkedin.com/company/prometheusgroup

## Regulatory record

- **Reports private funds:** No

## About

Prometheus Group offers EAM software for maintenance and operations sectors, providing tools for planning, scheduling, and work management. Its solutions integrate with ERP systems including SAP, Oracle, and IBM Maximo. The company was founded in 1998 and is based in Raleigh, North Carolina.

## Sectors

- Enterprise Software

## Questions

### How is Prometheus Group structured under Genstar Capital?

Genstar Capital acquired a majority stake in 2020, transitioning the firm from founder Eric Huang's single-operator control to a private-equity-backed platform. Under Genstar, Prometheus Group operates as a consolidated entity with multiple bolt-on acquisitions including Engica, VIZIYA, RiskPoynt, and Accord. The precise equity split between Genstar, co-investors, and management has not been publicly disclosed.

### What industries does Prometheus Group serve?

The firm's software is deployed across oil and gas, chemicals, power generation, mining, and other capital-intensive sectors where plant maintenance, shutdowns, and turnarounds are critical. Clients include refineries, offshore platforms, utilities, and mining operations. The firm serves customers on six continents, with heavy concentration in North America, the Middle East, and Australia.

### How does Prometheus Group source acquisition targets?

Under Genstar's ownership, Prometheus Group pursues a buy-and-build strategy — identifying niche vendors in adjacent asset-management workflows that can be integrated into the platform. Recent targets include VIZIYA (asset performance management), Engica (work execution), and RiskPoynt (risk assessment). Deal flow combines Genstar's private-equity origination network with the operating team's understanding of client-sticky adjacent needs.

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Last updated: 2026-06-03T20:00:00.000Z

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