PrimeStone has been acquired by Trilliant
Promotora has sold PrimeStone Technologies Inc. to Trilliant Networks, Inc.
PrimeStone is a privately held software development company founded in 1990 by a team of industry experts. Its product offering is based on data collection and analytics that optimize the entire value chain. PrimeStone is headquartered in Bogotá, Colombia, with offices in Georgia, USA, and authorized distributors in other countries worldwide.
Trilliant Networks is a leading international provider of utility solutions for advanced metering and smart grid systems. The company’s solutions are used to connect mission-critical assets. This acquisition expands Trilliant’s purpose-built product suite to include a robust data solution that has the power to optimize an entire utility value chain.
Promotora is a Colombian private equity firm with a strong focus on software, technology and technology-enabled businesses. To date, it has invested in 13 companies.
Oaklins’ team in Colombia acted as the exclusive advisor to the sellers in this transaction.
Talk to the deal team
Related deals
Dolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreNuzoa has acquired Agrofauna
Nuzoa, a provider of value-added services for pets and livestock in the Iberian Peninsula, has acquired 100% of Agrofauna. This transaction reinforces Nuzoa’s presence in the Portuguese market, particularly in the northern region, marking another step toward its ambition to become the leading operator while further consolidating its brand across Iberia.
Learn moreGrupo Gtd has sold Gtdata to Infracorp
Gtdata, the data center platform of Gtd Grupo Teleductos S.A., has been acquired by Infracorp, the infrastructure investment platform of Grupo Romero, through the purchase of a 49% stake for US$118 million.
Learn more