A controlling stake has been acquired in a Scottish project management company.
Aberdeen-based Prism Energy, now majority-owned by energy and infrastructure solutions provider Global, is aiming for expansion into renewables, infrastructure, nuclear and beyond.
Founded in 2015 by Andy Sutherland, Prism specialises in project management and controls software, including its Prism Apps platform, which is widely used across the energy sector.
The investment will support Prism's ambitions to diversify into renewables, infrastructure, nuclear, utilities and defence.
The existing Prism management team, led by Mr Sutherland, will remain in place.
Global, which recently marked its 20th anniversary, announced plans to grow its turnover from £300 million to £500 million over the next three years through continued organic growth and targeted acquisitions.
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Mr Sutherland 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 look forward to the cross-sectoral and regional growth opportunities that will be created by becoming part of a larger group."
Gordon Farmer, board director at Global, said: "Our investment in Prism Energy is the latest example of Global building connected capability that genuinely supports our clients and the sectors we support.
"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."
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