Quorum Acquired by Francisco Partners Amid Growing Energy Market Demand
Deal News | Mar 04, 2025 | Francisco Partners Management LLC
Francisco Partners, a prominent global private equity firm, has announced its agreement to acquire Quorum Software, a leading provider of digital transformation software for the energy sector. For over two decades, Quorum Software has facilitated growth and profitability for a variety of energy operators by offering a comprehensive platform that integrates people, workflows, and systems through decision-ready data. This acquisition aligns with Quorum's objective to harness the momentum in global energy markets by leveraging increased demand for its solutions in upstream, midstream, and downstream sectors. Quorum currently serves over 1,500 customers across 50 countries, providing critical support for the energy transition. Francisco Partners aims to amplify Quorum's growth through organic investment and strategic acquisitions, utilizing its deep technological competency and resources. Financial advisory roles in this transaction are undertaken by Lincoln International and Jefferies for Francisco Partners, and Citi for Quorum.
Sectors
- Energy
- Software and Technology
- Private Equity and Investment
Geography
- United States – Both Francisco Partners and Quorum Software are based in the United States, making it a primary geography for the transaction.
- Global – Quorum Software serves clients in 50 energy-producing countries, highlighting the global reach and impact of the company and the acquisition.
Industry
- Energy – The article discusses Quorum Software, a company providing digital solutions for operators in the energy industry, and its role within the global energy market.
- Software and Technology – Quorum Software, the target company, is a provider of software solutions, indicating its primary industry classification as software and technology.
- Private Equity and Investment – Francisco Partners, a private equity firm, is acquiring Quorum Software, indicating involvement in private equity and investment activities.
Financials
- More than $50 billion – The capital raised by Francisco Partners over its operational span.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Francisco Partners Management LLC | Acquirer | Company | A global private equity firm specializing in investments in technology and technology-enabled businesses. |
| Quorum Software | Target Company | Company | A leading provider of digital transformation solutions in the energy industry, serving over 1,500 customers across 50 countries. |
| Lincoln International | Financial Advisor to Francisco Partners | Company | An international investment bank providing advisory services in mergers and acquisitions. |
| Jefferies LLC | Financial Advisor to Francisco Partners | Company | A global investment banking firm. |
| Citi | Exclusive Financial Advisor to Quorum | Company | A major global bank providing financial advisory services. |