Quorum Software Acquires Archeio Technologies

June 19, 2019

Quorum Software, a Thoma Bravo portfolio company, has acquired Dallas-based Archeio Technologies, a provider of document classification and smart search technology for the oil and gas industry. The add-on expands Quorum's cloud-based document management and enterprise search capabilities to accelerate digitization and improve operational efficiency across upstream workflows; financial terms were not disclosed.

Buyers
Quorum Software, Thoma Bravo
Targets
Archeio Technologies
Platforms
Quorum Software
Industry
Oil & Gas
Location
Texas, United States
Transaction Type
Addon

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