Francisco Partners has agreed to acquire Quorum Software from Thoma Bravo

Quorum Software

Quorum Software is a leading provider of energy software worldwide, serving more than 1,500 customers across the entire energy value chain in 50 countries. Quorum’s solutions power growth and profitability for energy businesses by connecting people, workflows and systems with decision-ready data. Twenty-five years ago, Quorum delivered the industry’s first software for gas plant accountants, and today its solutions streamline business operations with industry-forward data standards and integrations. The global energy industry trusts Quorum’s experts and applications to successfully navigate the energy transition while delivering value today and into the future. For more information, visit quorumsoftware.com.

The Deal

“We are thrilled to join forces with Francisco Partners at this time of great opportunity for our platform, our customers and our sector,” said Paul Langenbahn, CEO of Quorum. “We have undergone a dramatic transformation in recent years and successfully navigated a changing global market with a laser focus on delivering for our valued customers while driving long-term profitable growth. We look forward to working alongside Francisco Partners to further strengthen our platform and to continue providing our customers with world-class software and services for years to come.”

“Quorum plays a critical role in the global energy industry, serving as a trusted strategic partner to over a thousand customers across the world,” said Mac Fountain, principal, and Petri Oksanen, partner, at Francisco Partners. “We are excited to welcome them to our portfolio, and we are eager to support their continued growth and success with our technology expertise and resources. Together, we intend to build on Quorum’s strong foundation and grow their platform and customer base through both organic investment and strategic acquisitions.”

Our Perspective

Matt Kessler, Managing Director in Lincoln’s Technology Group, said, “It has been a privilege to work with Francisco Partners on this marquee deal in the energy software space, and I am excited to see this partnership propel Quorum to deliver even greater value to the energy sector.”

Francisco Partners

Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch more than 25 years ago, Francisco Partners has invested in more than 450 technology companies, making it one of the most active and long-standing investors in the technology industry. With more than $50 billion in capital raised, the firm invests in opportunities where its deep sector knowledge and operational expertise can help companies realize their full potential. For more information on Francisco Partners, visit www.franciscopartners.com.

Share: