Francisco Partners agreed to acquire Quorum Software, a global leader in energy software solutions, from private equity giant Thoma Bravo.

The deal underscores the growing demand for digital transformation in the energy sector and positions Quorum for further expansion.

Quorum, which serves over 1,500 customers across 50 energy-producing countries, has played a key role in providing technology solutions for upstream, midstream, and downstream operations. Under Thoma Bravo’s ownership, Quorum significantly expanded its footprint through strategic acquisitions, including its merger with Aucerna and the carve-out of Energy Components.

“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. “With Thoma Bravo’s support, we successfully navigated a changing global market while driving long-term growth. We look forward to working alongside Francisco Partners to strengthen our platform and continue delivering world-class solutions.”

Francisco Partners, a technology-focused private equity firm, sees Quorum as a critical player in the global energy industry. “We are excited to welcome Quorum to our portfolio and support their continued growth through both organic investment and strategic acquisitions,” said Mac Fountain, Principal, and Petri Oksanen, Partner at Francisco Partners.

Thoma Bravo, known for its aggressive software buy-and-build strategy, praised the partnership with Quorum. “We executed several transformative initiatives that advanced their vision and achieved their potential,” said Scott Crabill, Managing Partner at Thoma Bravo. “We look forward to following Quorum’s continued success.”

Lincoln International and Jefferies LLC advised Francisco Partners, while Citi served as exclusive financial advisor to Quorum and Thoma Bravo.

The transaction marks another major private equity shift in the energy software market, as firms look to capitalise on digital solutions that drive efficiency and profitability in a rapidly evolving industry.