Silver Lake’s Quorum buys energy software provider Entero
Quorum Software, a portfolio company of U.S. private equity firms Silver Lake Partners and Silver Lake Kraftwerk, has agreed to acquire Calgary-based Entero Corp, a provider of energy software solutions for the upstream and midstream sectors. No financial terms were disclosed. The deal beefs up Quorum's presence in the Canadian midstream sector, the company said. Based in Houston, Quorum is a provider of software that helps energy providers solve complex business challenges. Silver Lake Partners and Silver Lake Kraftwerk acquired the company in 2014.
6 April 2018•5 mins read
