1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Texas >
  6. Quorum Software Acquires Archeio Technologies

M&A Deal Summary

Quorum Software Acquires Archeio Technologies

On June 19, 2019, Quorum Software acquired information technology company Archeio Technologies

Acquisition Highlights
  • This is Quorum Software’s 1st transaction in the Information Technology sector.
  • This is Quorum Software’s 7th transaction in the United States.
  • This is Quorum Software’s 4th transaction in Texas.

M&A Deal Summary
Date 2019-06-19
Target Archeio Technologies
Sector Information Technology
Buyer(s) Quorum Software
Deal Type Add-on Acquisition

Target

Archeio Technologies

Irving, Texas, United States
Archeio Technologies is a provider of oil and gas document classification and smart search technology. Purpose-built for oil and gas, Archeio helps operators streamline transactions and back-office business processes. Using a proven taxonomy through intelligent text recognition, automation, and metadata tagging, Archeio has experienced strong customer growth from large, publicly-traded companies and independent operators looking to solve the unstructured data challenge.

Search 215,130 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Quorum Software

Houston, Texas, United States
Category Company
Founded 1998
Sector Software
DESCRIPTION

Quorum Software is a portfolio of finance, operations, and accounting software that empowers energy companies of all sizes to conquer their most complex business challenges. Quorum Software was founded in 1998 and is based in Houston, Texas.

DEAL STATS #
Overall 8 of 13
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 11
State: Texas M&A 4 of 7
Country: United States M&A 7 of 11
Year: 2019 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-26 Coastal Flow Measurement

Houston, Texas, United States

Coastal Flow Measurement, Inc. family of companies continues to grow dramatically and now ranks among the largest energy measurement services and software providers in the world. Its operating companies include: Coastal Flow Liquid Measurement, the industry leader in custody transfer meter proving and small volume prover services; Flow-Cal®, the international leader in advanced software and services for hydrocarbon flow measurement; Coastal Flow Gas Measurement, including its Energy Labs, Field Services, and Production iMeasurement® (PiM™) Services, the recognized experts in seamlessly providing value-added hydrocarbon measurement services from field operations to final accounting; and BirdDog™ Information Systems, offering advanced remote data collection, processing, and web-based delivery.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-21 Oil & Gas Information Systems

Fort Worth, Texas, United States

Oil & Gas Information Systems, Inc. (OGsys) is a provider of cloud-based oil and gas accounting software for small and medium-sized businesses. More than 500 oil and gas companies rely on OGsys for its software solutions and expert support. Oil & Gas Information Systems, Inc. (OGsys) has offices in Fort Worth and Houston. Oil & Gas Information Systems, Inc. (OGsys) was founded in 1982 and based in Fort Worth, Texas.

Buy -
Mergr

Solution for

Product

Company

Legal