Prometheus Group, which is backed by Genstar Capital, has acquired Roser ConSys, a Dutch provider of plant shutdown, turnaround and outages software. No financial terms were disclosed. District Capital Partners was financial adviser to Prometheus Group on the transaction while Rembrandt Mergers & Acquisitions did likewise for Roser ConSys.
Raleigh, NC, NOVEMBER 26, 2019 – Prometheus Group, a leading global provider of asset management operations and optimization software announced the acquisition of Roser ConSys, a provider of innovative plant shutdown, turnaround, and outages (STO) software.
Plant STOs are essential, complex, high-risk events that require precision planning and execution. Roser ConSys has built a suite of specialized software and mobile applications for managing these critical events and the acquisition will enhance Prometheus Group’s range of software and services to assist customers in dealing with STOs by providing increased visibility and operational efficiency. Roser ConSys works with customers in the oil, gas, and energy sectors, and its software suite will be integrated into the Prometheus software platform. The acquisition will further increase the company’s scale in Europe.
“I’m thrilled to bring such an incredibly talented team into our company,” said Eric Huang, CEO, Prometheus Group. “Roser ConSys’ dedicated shutdown, turnaround, and outages expertise enable us to provide customers with an integrated suite of software and applications dedicated to ensuring that these critical events are handled safely and efficiently with minimal downtime.”
“At Roser ConSys, we share Prometheus Group’s mission to help organizations digitally transform every aspect of their business,” said Martin Veen, CEO, Roser ConSys. “By joining forces we will be able to expand our market access and offer customers the benefits of our innovative software and deep industry expertise.”
Prometheus Group’s platform integrates all enterprise asset management software from planning and scheduling to analytics into a cohesive view. The company is trusted by the largest asset-intensive organizations spanning oil & gas, chemical, pulp & paper, mining & metals, and utilities industries across the globe.
Financial terms of the acquisition are not being disclosed. District Capital Partners served as exclusive financial advisor to Prometheus Group on the transaction. Rembrandt Mergers & Acquisitions served as exclusive financial advisor to Roser ConSys.
About Prometheus Group
Prometheus Group 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. Prometheus’ interconnected platform allows changes to be communicated in real-time across an organization, improving manpower efficiency and driving production uptime.
Learn more about Prometheus Group here and connect on Twitter and LinkedIn.
About Roser ConSys
Roser ConSys software is designed to optimize the quality and efficiency of shutdowns, turnarounds and outages. The Roser Suite is an all-in-one approach to solving communication problems between different departments and programs used in maintenance projects. The various applications Roser ConSys offers range from scope definition and work package preparation to scheduling and material management. The software is used internationally by customers in the oil, gas and energy industry. The company is headquartered in Holland.