Quorum Strengthens Executive Team with Focus on Software Development and Financial Growth
Summary
Most recently, he was the vice president of engineering at Bazaarvoice, a $200M SaaS company focused on consumer-generated content solutions for leading retail brands. Prior to that, Lacy led engineering and quality assurance teams at Convio, a leading provider of digital solutions to help nonprofits engage supporters in a faster, more effective manner. “ Having been instrumental in strategic growth for companies like Allegiance Telecom and HyperCube, and with an impressive resume when it comes to leading IPOs, capital markets transactions and mergers and acquisitions, we believe he is well-positioned to lead Quorum as it navigates a new era of exponential growth.” These appointments come at an exciting time for Quorum, as the company continues to grow as the preferred software provider to 80% of the largest oil and gas producers in the United States. With a series of funds representing more than $35 billion in capital commitments, Thoma Bravo partners with a companys management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. Representative past and present portfolio companies include industry leaders such as ABC Financial, Blue Coat Systems, Deltek, Digital Insight, Frontline Education, Global Healthcare Exchange, Hyland Software, Imprivata, iPipeline, PowerPlan, Qlik, Riverbed, SailPoint, SolarWinds, SonicWall, Sparta Systems, TravelClick and Veracode.
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