Announced

Francisco Partners to acquire Quorum Software from Thoma Bravo.

Synopsis

Francisco Partners, a private equity firm, agreed to acquire Quorum Software, a software company, from Thoma Bravo, a private equity firm. Financial terms were not disclosed. "We are thrilled to join forces with Francisco Partners at this time of great opportunity for our platform, our customers, and our sector. We have undergone a dramatic transformation in recent years and, with Thoma Bravo’s support, successfully navigated a changing global market with a laser focus on delivering for our valued customers while driving long-term profitable growth. We look forward to working alongside Francisco Partners to further strengthen our platform and to continue providing our customers with world-class software and services for years to come,” Paul Langenbahn, Quorum CEO.

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