Francisco Partners, an investment firm, has announced its agreement to acquire Quorum Software, a company that provides digital solutions for the energy industry. The acquisition is expected to help Quorum strengthen its platform and expand its presence in the global energy market. With a focus on upstream, midstream, and downstream sectors, Quorum continues to support energy operators in managing market transitions and improving operational efficiency.
Quorum’s leadership sees the acquisition as an opportunity to further develop its platform and maintain long-term growth. CEO Paul Langenbahn said, “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.” Francisco Partners, which has invested in more than 450 technology companies over the past 25 years, views Quorum as an essential partner in the energy industry. The firm aims to support Quorum’s expansion through investments and strategic acquisitions, ensuring the company’s continued success in delivering software solutions for energy businesses.
