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New Deal


Announced

Completed

Thoma Bravo-backed Quorum Software completed the acquisition of Landdox.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

cloud solutions

Completed

cloud-first land technology

Domestic

Friendly

Digital Services

Single Bidder

United States

Private

Acquisition

Majority

Synopsis

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Thoma Bravo-backed Quorum Software, a provider of digital transformation for the oil and gas industry, completed the acquisition of Landdox, an innovator in cloud-first land technology. Financial terms were not disclosed. "Over the last two decades, Quorum has become the de facto standard in enterprise land management. Where we excel in the breadth and depth of functionality for land management, Landdox shines at delivering accelerated innovation through cloud-native technologies and processes. Landdox aligns perfectly with, and in some areas already integrates with, our cloud-based SaaS applications for upstream, which means that we can deliver on the speed, power, and cost-savings potential of modern SaaS technologies quickly and comprehensively," Gene Austin, Quorum CEO.

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