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Bets on Risky CLOs Are Paying Off With 20% Gains: Credit Weekly

Bets on Risky CLOs Are Paying Off With 20% Gains: Credit Weekly
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Advent Reportedly Near Deal for Prometheus Software Firm Stake

Advent Reportedly Near Deal for Prometheus Software Firm Stake
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Advent Nears Deal for Prometheus Software Firm Stake

(Bloomberg) Buyout firm Advent International is nearing a deal to acquire a stake in Prometheus Group in a transaction that could value the industrial software company at more than $4 billion, including debt, according to people with knowledge of the matter.Most Read from BloombergHarvard Students Walk Out of Commencement Protesting SuspensionsNvidia Stock Surges as Sales Forecast Delivers on AI HopesStocks Join Bonds in Falling as Fed-Cut Bets Wane: Markets WrapIsrael to Restart Gaza Talks A

Case study: Optimizing operations and tracking progress - MRO Magazine

Turner Industries sells plant management software

Baton Rouge’s Turner Industries is selling its suite of proprietary plant management and field operations software, MobilOps, to Raleigh, North Carolina-based Prometheus Group, the companies announced Monday. 

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