Aucerna agreed to acquire Oil and Gas Software Business from TietoEVRY Oyj (HLSE:TIETO) for an enterprise value of approximately €160 million in February 15, 2021. TietoEVRY's Oil & Gas software business comprises hydrocarbon management, personnel and material logistics software and related services with installations in more than 50 countries. Gene Austin will serve as Chief Executive Oficer of the combined company, and Wayne Sim, Chief Executive Officer and Co-Founder of Aucerna, will be appointed to its board of directors. In a related transaction, Quorum will merge with Aucerna. The transaction is subject to approval of relevant competition authorities. The company reported a revenue of €50 million. The transaction is expected to close on before July 2021. Evercore Inc. (NYSE:EVR) acted as financial advisor and Advokatfirmaet Schjødt AS acted as a legal advisor to TietoEVRY in the transaction.

Aucerna completed the acquisition of Oil and Gas Software Business from TietoEVRY Oyj (HLSE:TIETO) for approximately €160 million on June 4, 2021. The cash payment in connection with the closing amounted to €154 million. In addition, TietoEVRY will receive a cash compensation of €2 million subsequent to the completion of asset transfers taking place in early autumn. Bradley Reed, P.C., Kristen E. Molloy, Kevin J. Coenen, P.C., Adam Kool, Seth Traxler, P.C., Aaron Lorber, Alexandra Mihalas, Michael G. Falk, P.C., Stefanie I. Gitler, John G. Caruso, Anthony Rapa, Matt O'Hare, Michael A Schulman, Boyars; Sally Evans, Brian Ford, P.C., Jose Barragan-Monge and Paul Kang, Jr. of Kirkland & Ellis LLP acted as legal advisor to 3es Innovation Inc. Duffy Lorenz, Joe Lance, Jeremy Poore, Yitian Cai, Michael Haynes, Faith Stachulski, Liz Ebersole, Jibri Duncan, Viswa Senthilkumar, Jenna Kalashyan, Chris Guldberg, Brian Henghesbaugh, Gary Hunt and Heiko Burow of Baker & McKenzie LLP acted as legal advisor to 3es Innovation Inc.