Thoma Bravo-Owned Quorum Software and Aucerna to Merge and Acquire TietoEVRYs Oil and Gas Software Business

Acquisitions

▤ Summary

Quorum will merge with Aucerna, a globally trusted provider of integrated planning, execution and reserves software for the energy industry. The combination of Aucerna, Quorum and the TietoEVRY Oil and Gas software business will bring together highly complementary workflows, mission-critical technologies and unmatched global expertise. Following the acquisition, Quorum will be the largest software provider with the broadest portfolio of solutions focused entirely on serving energy companies of any size across the globe. Quorum Software is the worlds largest provider of digital technology focused solely on business workflows that empower the next evolution of energy. From emerging companies to supermajors, throughout every region of the globe, customers rely on Quorums proven innovation and unmatched global expertise to streamline business operations and make data-driven decisions that optimize profitability and growth.

▥ Classifications

industries
Fintech & Banking
applications
Business Intelligence

◇ AskAI Classifications

Labels
Energy Software SaaS Upstream and Midstream Oil & Gas Software

▦ Linked Companies