Thoma Bravo, a private equity investment firm, is to acquire Aucerna, the Calgary, Alberta, Canada-based energy industry’s provider of solutions for integrated planning, execution and reserves.
The transaction is expected to close in the first quarter of 2019, subject to customary closing conditions and regulatory approvals.
The terms of the deal were not disclosed.
The investment will support the company’s continued growth, both organically and through strategic acquisitions.
Founded more than a decade ago and led by Wayne Sim, CEO, Aucerna provides energy industry players with solutions for integrated planning, execution and reserves. The company is a global source of technology and expertise, serving more than 500 customers from 12 global offices including Calgary, Houston, London and Singapore.
Its solutions are deployed in every region of the globe by super-majors and emerging operators, energy investors, consultants and education institutions.