Prism Energy, the project risk management consultancy closed the deal for an undisclosed amount. Prism made the acquisition in a bid to introduce Mandos’ quality management systems and services into its business. 

Mandos Software creates software solutions for organisations to meet legislative requirements and improve efficiency. This will assist Prism, which focuses on digitising common processes, especially in the onshore and offshore oil and gas industries. 

Energy production is the largest industry in Aberdeen, employing over a third (35.4%) of total employment in the area. Aberdeen is also known widely as the energy capital of Europe. 

However, as Scotland shifts towards more environmentally friendly methods of energy production, there is an increased need for complying to legislation, and optimising processes. 

Prism Energy’s 20-person team already manages a range of onshore and offshore projects. “(We are) proud that our systems have now been adopted by thousands of people in the oil and gas industry who are seeing the benefits.”

Following the acquisition, Prism Energy aims to provide its clients with even more efficient and streamlined processes, ensuring compliance, safety, and optimised project delivery.

Andy Sutherland, managing director of Prism Energy said: “As a software-based consultancy, we always look at how we can best utilise and develop technology to digitise key elements of common processes to enable companies to deliver projects more efficiently but above all, safely.”

Recommended

• DIGIT’s Movers and Shakers June 2023
• UK Data Protection Reform: EU Adequacy May Be at Risk
• Edinburgh Airport to Receive New 3D Security Scanners

Following this acquisition, Mandos’ founder and managing director, Peter Fraser will retire from his role. However, he will maintain a foot in the door of management systems through his consultancy Process Principles. 

“We are delighted that we have found an organisation with the same mindset and approach as ours to develop our Author process management software further for the cloud environment,” said Fraser.

“I wish Andy and the Prism team the best for the future and know that the software is in safe hands.”