Thoma Bravo-backed Quorum Business Solutions completed the acquisition of EnergyIQ.

Thoma Bravo-backed Quorum Business Solutions, a provider of digital transformation for the oil and gas industry, completed the acquisition of EnergyIQ, a provider of well master data management software applications. Financial terms were not disclosed. "With the explosion of business-critical data, E&P companies rely on EnergyIQ to integrate and share trusted data across their business. As the energy industry continues to realize the tremendous untapped value of its data, our customers and partners will recognize the benefits and capabilities of tying Quorum’s leading applications together through EnergyIQ’s well master data management solution to drive workflow automation that increases efficiency and profitability," Steve Cooper, EnergyIQ CEO and Founder.