Prometheus Group Acquires RiskPoynt
01.20.22
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Simpson Thacher represented Prometheus Group in connection with its acquisition of RiskPoynt. The transaction closed on January 18, 2022.
RiskPoynt is a software provider that offers industry leading solutions for businesses’ day-to-day management of operational risks. Riskpoynt’s software integrates real-time asset telemetry into day-to-day management of operational risks, and translates complex risk assessments into visual displays that are easy to interpret and act on by people at all levels of an organization. RiskPoynt’s Operational Risk Management Application has been recognized by prominent industry analysts and several major oil and gas companies as “best of breed” software for the management of operational risk.
The Simpson Thacher team included Michael Kaplan, Jonathan Conigliari, Koh Tanimoto, Gabriel Chun and Omar Kanjwal (M&A); Tristan Brown (ECEB); Benjamin Rippeon, Tyler Robbins and Caleb McConnell (Tax); and Genevieve Dorment and Samuel Watters (IP).