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JANUARY 16, 2026
Prometheus Group (Advent) acquires Webalo
TARGET
Webalo
AI-enabled connected worker platform that digitizes tasks, inspections, and workflows for industrial frontline workers integrated with SAP, Microsoft, and Siemens systems.
OwnershipVC-backed · J.L. Easton Ventures, Balch Hill Partners
Capital raised$3M
Headcount53 FTEs
HeadquartersLos 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.
OwnershipPE-backed · Advent International; Advent International, Leonard Green & Partners, Genstar Capital
Capital raised$9.5M
Headcount1,194 FTEs
HeadquartersRaleigh, North Carolina
Leadership
Eric Huang, Founder & CEO
Buy-side advisor
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