Genstar-backed Prometheus completed the acquisition of Utopia Global.

Genstar-backed Prometheus Group, a provider of asset management operations and optimization software, completed the acquisition of Utopia Global, a software and services company. Financial terms were not disclosed. "The foundation of the digital enterprise is clean, consistent, and complete master data. Not only do companies need good master data to fully realize their investments in computerized maintenance management systems, newer concepts such as asset integrity management, predictive maintenance and 'digital twins' absolutely count on high integrity data to drive business efficiencies across the enterprise. Utopia has both the software and domain expertise to solve this onerous and complex issue. I look forward to working with Arvind and Narinder to incorporate Utopia's amazing solutions into the Prometheus Platform," Eric Huang, Prometheus Group Founder and CEO.