Thoma Bravo-backed Quorum Software and Aucerna to merge and acquire TietoEVRY's oil and gas software business.

Thoma Bravo-backed Quorum Software, a provider of digital technology focused solely on business workflows, and Aucerna, an energy industry's provider of cloud software for integrated planning, execution, and reserves, agreed to merge and acquire an oil and gas software business of TietoEVRY, a Finnish IT software and service company. Financial terms were not disclosed. "Our three organizations complement each other — from the software that our great people design to the energy markets where we operate. Our new company will be able to deliver value to our stakeholders, while accelerating the growth of our combined business and the energy industry's software transformation," Wayne Sim, Aucerna CEO and Co-Founder.