Prometheus Group’s Acquisition Of Viziya


Simpson Thacher & Bartlett represented Prometheus Group in the transaction.

Prometheus Group executed its acquisition of VIZIYA, a developer of enterprise asset management software, from Quarterhill Inc. (TSX: QTRH). The transaction closed May 15, 2020. Financial terms were not disclosed.

Prometheus Group, a portfolio company of Genstar Capital, is a leading global provider of comprehensive and intuitive plant maintenance operations and optimization software, with a broad platform of solutions addressing the unique idiosyncrasies and requirements of heavy asset operators.

Simpson Thacher represented Prometheus with a team comprised of Michael Kaplan (Picture), Daniel Switts and Tim Krause (M&A); Katharine Moir and Sarah Katz (Tax); Christopher Brown (Credit); and Tristan Brown and Alexander Ellebracht (ECEB).

Involved fees earner: Christopher Brown – Simpson Thacher & Bartlett; Tristan Brown – Simpson Thacher & Bartlett; Alexander Ellebracht – Simpson Thacher & Bartlett; Michael Kaplan – Simpson Thacher & Bartlett; Sarah Katz – Simpson Thacher & Bartlett; Timothy Krause – Simpson Thacher & Bartlett; Katharine Moir – Simpson Thacher & Bartlett; Daniel Switts – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Prometheus Group Enterprises, LLC;

Author: Ambrogio Visconti