Global set to ‘fuel’ Prism’s growth plans

An Aberdeen-based project management software provider is set to expand into new sectors following a majority investment from an energy and infrastructure group.

Global has acquired a controlling stake in Prism Energy, creator of the Prism Apps project management platform and a provider of consultancy services spanning project management, planning, estimating and risk management.

Founded in 2015 by Andy Sutherland, Prism Energy employs 40 people and supports organisations across the energy sector with software and project controls expertise. 

The acquisition builds on an existing relationship between the two businesses, with Prism already working alongside Global companies including Apollo and Global Energy Solutions.

As part of the deal, Andy and the existing leadership team will remain in place to lead the next phase of the company’s growth.

Backed by Global’s investment, Andy says Prism plans to enhance its technology and expand its software and consultancy services into renewables, infrastructure, nuclear, utilities, defence and data centres, while accelerating the adoption of its project management platform across a wider range of industries.

He said: “After ten years of growth, we feel that this is the perfect time to welcome outside investment to fuel the next stage of our growth journey. 

“We have enjoyed long-term working relationships with companies in the Global portfolio – including Apollo and Aventus Energy (Global Energy Solutions) – so there are clear synergies and we share a similar business culture.

“We look forward to the cross-sectoral and regional growth opportunities that will be created by becoming part of a larger group. 

“Additionally, being able to tap into a mature support network for HR, finance, business systems and marketing – as well as a learning from an extremely talented and entrepreneurial leadership team – will be of huge benefit to us going forward.”

The deal also supports Global’s wider growth strategy following its rebrand in late 2025 and plans for a new headquarters at the Inverness Campus Freeport Zone.

Having completed six acquisitions over the past year, the group is targeting turnover growth from £300 million to £500 million over the next three years through a combination of organic expansion and further strategic acquisitions.

Gordon Farmer, board director at Global, added: “Our investment in Prism Energy is the latest example of Global building connected capability that genuinely supports our clients and the sectors we support. 

“We are working closely with the market and the message is clear: clients want joined-up, end-to-end solutions delivered by partners they trust.

“Andy Sutherland and his team have earned an excellent reputation in the project management sector - particularly across the energy markets – and Prism Energy are at the forefront of a quickly evolving market for digital project management tools and support. 

“Working closely together with the Global board and group companies going forward, we look forward to exploring synergies and anticipate Prism expanding its reach and diversifying into the renewables, infrastructure, nuclear, utilities, data centres and defence markets, where Global enjoys both an established – and growing – presence.”

Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →

Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.