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Francisco Partners takes stake in Prometheus

November 9, 2016

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Database Software | Raleigh, NC | Secondary Buyout

Francisco Partners has acquired a majority stake in Prometheus Group. Founded in 1998, Prometheus is a provider of software used in planning, scheduling and executing maintenance for plants and other industrial assets. The company had been backed by TA Associates since 2013.

Investor

Francisco Partners

Seller

Advisors

Holland & Knight (legal), Pacific Crest Securities (financial), Paul Hastings (legal), Signal Hill (financial)

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