Genesis Park Sells SAT Corp.

Genesis Park, a Houston-based private equity firm, has sold mobile workforce management software maker SAT Corp. to the Wonderware division of Inventys for $52 million. Pharus Advisors advised SAT on the deal.

PRESS RELEASE

Wonderware, a business unit of Invensys, today announced that it has acquired Houston-based SAT Corporation to offer mobile solutions that will help drive operational excellence for its customers.  With this acquisition, Wonderware will form a new mobile solutions group that further expands on SAT's position as a leading global supplier of mobile workforce management and decision support solutions, used to enhance manufacturing visibility and task execution within industrial and manufacturing markets. 

The acquired IntelaTrac