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New Deal


Announced

Completed

Prometheus Group completed the acquisition of MobilOps from Turner Industries Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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plant management

Software

Majority

Completed

Friendly

United States

Acquisition

Private

Domestic

Single Bidder

Synopsis

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Prometheus Group, a provider of comprehensive and intuitive enterprise asset management software solutions, completed the acquisition of MobilOps, a plant management and field operations software, from Turner Industries Group, a turnkey industrial services and solutions company. Financial terms were not disclosed. "The acquisition of MobilOps is an exemplification of our commitment to innovation and excellence in the industrial maintenance software space, and this move aligns with our mission," Eric Huang, Prometheus Group CEO.

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