Prometheus Group acquires Webalo

JANUARY 16, 2026

Prometheus Group (Advent International) acquires Webalo

TARGET

AI-enabled connected worker platform that digitizes tasks, inspections, and workflows for industrial frontline workers integrated with SAP, Microsoft, and Siemens systems.

Ownership	VC-backed
Investors	J.L. Easton Ventures, Balch Hill Partners
Capital raised	$3M
Headcount	53 FTEs
Headquarters	Los Angeles, California
Leadership	Peter Price, Co-Founder and CEO
Sell-side advisor	—

ACQUIRER

Prometheus Group

Provides enterprise asset management software integrating with ERP systems to optimize planning, scheduling, maintenance, and work execution for asset-intensive industries.

Ownership	PE-backed
Parent	Advent International
Investors	Advent International, Leonard Green & Partners, Genstar Capital
Capital raised	$9.5M
Headcount	1,194 FTEs
Headquarters	Raleigh, North Carolina
Leadership	Eric Huang, Founder & CEO
Buy-side advisor	—

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Prometheus Group -> Webalo  (2026-09-11)
strategic_acquisition | Industrial/Manufacturing | announced
Target: AI-enabled connected worker platform that digitizes tasks, inspections, and workflows for industrial frontline workers integrated with SAP, Microsoft, and Siemens systems.
Website: webalo.com | Buyer site: prometheusgroup.com
HQ: Los Angeles, California | Ownership: vc-backed | Buyer sponsor: Advent International | Buyer ownership: pe-backed
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/prometheus-group-webalo.html

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