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TELEO portfolio company UMT360 acquires Western Principles

TELEO Capital Management (TELEO) has acquired Western Principles Consulting, a Canadian Project Portfolio Management (PPM) consulting firm. The Business will be merged with UMT360, an existing TELEO portfolio company.

Founded in 2005 with headquarters in Vancouver, British Columbia, Western Principles has successfully conducted PPM implementations across Canada, including Microsoft’s PPM systems and UMT360’s software suite, in the private and public sectors. 
This acquisition follows UMT360’s recent acquisition of FIOS Insight, a leading Enterprise Architecture (EA) software tool that enables companies to simplify their strategy, IT planning, and PPM. The integration of FIOS Insight’s flagship product, Insight-EA, strengthened UMT360’s Strategic Portfolio Management product, creating an end-to-end enterprise project solution.

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