Quorum Software Acquires EnergyIQ

AZZO Acquires Qubits Energy to Expand Data Center Energy Management Capabilities

April 6, 2026

IT Services

AZZO announced the acquisition of Qubits Energy, a specialist in Electrical Power Management Systems (EPMS), advanced automation, and energy management for data centers and other mission-critical facilities. The deal strengthens AZZO’s EnergyX platform by integrating Qubits Energy’s engineering-led deployment capabilities, and it gives AZZO an operational foothold in Colombia to support Latin American growth.

Francisco Partners Acquires Quorum Software from Thoma Bravo

March 4, 2025

Software

Francisco Partners has agreed to acquire Quorum Software, a leading provider of energy software, from Thoma Bravo. The deal will position Quorum to accelerate product and platform investment and pursue growth through organic initiatives and strategic acquisitions to expand its global energy software footprint.

Hexagon AB Acquires ETQ

February 25, 2022

Cloud & SaaS

Hexagon AB acquired ETQ, a Massachusetts-based provider of SaaS quality (QMS), EHS and compliance management software, for $1.2 billion in cash on a debt- and cash-free basis. ETQ—headquartered in Burlington, Massachusetts with ~185 employees and expected 2022 revenue of ~$75M—will join Hexagon’s Manufacturing Intelligence division to accelerate Hexagon’s cloud journey and expand its quality-management capabilities across manufacturing and regulated industries.

Enverus Acquires Energy Acuity

March 31, 2021

Data & Analytics

Enverus, the energy-focused SaaS and data analytics company, has acquired Energy Acuity, a provider of power generation and power delivery market data with expertise in renewables. The acquisition will integrate Energy Acuity’s datasets and domain experts into Enverus’ Prism platform to expand its power and renewables analytics and forecasting capabilities.

Quorum Software (Thoma Bravo) Merges with Aucerna and Acquires TietoEVRY’s Oil & Gas Software Business

February 15, 2021

Energy

Thoma Bravo‑backed Quorum Software will merge with Aucerna and the newly combined company has acquired TietoEVRY’s Oil & Gas software business (including Energy Components and DaWinci). The transactions create a consolidated, cloud‑first global leader in energy software, expanding Quorum’s product portfolio and global footprint across upstream, midstream and downstream markets.

EnergyIQ Acquires petroWEB's EnterpriseDB, Navigator and Gateway

February 21, 2019

Energy

EnergyIQ acquired key assets (EnterpriseDB, Navigator and Gateway) from petroWEB to expand its wellbore and GG&E data management and GIS capabilities. The asset purchase strengthens EnergyIQ's product portfolio and expands its footprint in North America and internationally while several petroWEB support and development staff will join EnergyIQ to aid integration.