Quorum Software Appoints Gene Austin as President and CEO

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Dec 11, 2018, 11:00 ET

Software Industry Veteran to Lead Next Stage of Quorum's Growth

HOUSTON, Dec. 11, 2018 /PRNewswire/ -- Quorum Software, the leader in digital transformation for the oil and gas industry, today announced the appointment of Gene Austin as President and Chief Executive Officer.

Austin has over 30 years of experience in leading both private and public software and technology companies. Most recently, Austin was the CEO of Bazaarvoice, and previous to that was the CEO of Convio, where he led a team that grew the business to a successful IPO in 2010 and eventual sale to Blackbaud in 2012. Prior to Convio, Austin was a member of the executive team that took CareerBuilder.com public in 1999.

"We are excited to have Gene join Quorum Software as CEO," said Scott Crabill, a Managing Partner at Thoma Bravo. "He brings a proven track record of successful executive leadership in software and technology that is perfectly suited to the growth opportunity that Quorum represents. We look forward to working with Gene and the management team on Quorum Software's next stage of performance and growth."

"Quorum has built a great business as a category leader in the energy software industry," said Gene Austin, President and Chief Executive Officer of Quorum Software. "I'm looking forward to working with the executive team and our employees to foster a culture of innovation that delivers best in class software products and services that enable our customers to digitally transform their businesses. Our plan is to continue to grow aggressively by building on the market success of our cloud-based myQuorum applications and platform."

"Gene brings significant software and technology leadership experience to our team, building upon the deep and formidable oil and gas expertise that exists at Quorum Software today," said Charles Goodman, Chairman of the Board. "We are enthusiastic about working with Gene and the entire team to execute on the promising market opportunity ahead for Quorum Software."

About Quorum Software

Quorum offers an industry-leading portfolio of finance, operations and accounting software that empowers energy companies of all sizes to conquer their most complex business challenges. From the field to the back office, defying complexity is coded in our DNA and our software. This unmatched experience is why Quorum is the choice of eight of the largest public energy companies worldwide, 75 percent of LNG exporters throughout North America and 80 percent of all natural gas processed in the United States. Designed for digital transformation, the myQuorum software platform delivers open standards, mobile-first design and cloud technologies to empower innovation at the speed of thought. At Quorum, we're helping visionary leaders transform their business, and the energy industry, for a digital world. For more information, visit www.quorumsoftware.com.

About Thoma Bravo, LLC

Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With a series of funds representing more than $30 billion in capital commitments, Thoma Bravo partners with a company's management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. Representative past and present portfolio companies include industry leaders such as ABC Financial, Blue Coat Systems, Deltek, Digital Insight, Global Healthcare Exchange, Hyland Software, Imprivata, iPipeline, PowerPlan, Qlik, Riverbed, SailPoint, SolarWinds, SonicWall, Sparta Systems and TravelClick. The firm has offices in San Francisco and Chicago. For more information, visit thomabravo.com.

Media Contacts

Quorum Software:

Genevieve Carter Shoemaker

Edelman

713.377.6438

[email protected]

Thoma Bravo:

Matt Gorton

Hiltzik Strategies

212.776.1161

[email protected]

SOURCE Quorum