Rubicon wraps up sale of Aucerna to Thoma Bravo

U.S. enterprise software private equity firm Rubicon Technology Partners has completed its sale of Aucerna, a Calgary-based provider of integrated planning, execution and reserves solutions to the oil and gas industry.

Terms weren’t disclosed. The buyer, Thoma Bravo, announced its acquisition of the company in February.

Aucerna provides its software solutions to more than 500 customers from 12 offices worldwide. It is led by Founder and CEO Wayne Sim.

Rubicon invested in Aucerna in 2015, when the company was known as 3esi-Enersight. The firm said it supported Aucerna’s global growth and closing of four strategic acquisitions.


Rubicon Technology Partners Announces Sale of Aucerna

PALO ALTO, Calif., May 14, 2019 /CNW/ — Rubicon Technology Partners, a private equity firm specializing in mid-market enterprise software company investments, announced that it has completed the sale of Aucerna to Thoma Bravo.

Aucerna, one of the energy industry’s leading providers of solutions for integrated planning, execution and reserves, provides the critical link of data and information that connects key decision makers across oil and gas organizations to enhance business insights and decisions.

“Rubicon has been a great partner, supporting our ambitious vision to lead the digital transformation of the oil and gas industry as a strategic partner to the world’s largest oil and gas organizations,” said Wayne Sim, CEO at Aucerna. “We greatly appreciate Rubicon’s help over these past few years in guiding Aucerna’s success.”

Following its investment, Rubicon has been instrumental in helping Aucerna become a market leader through investing in expanding its global footprint and completing four strategic acquisitions.

“We have been fortunate to have the opportunity to build a market-leading business in partnership with Wayne and the Aucerna team,” said Steve Carpenter, Partner at Rubicon Technology Partners. “We are excited about Aucerna’s continued growth and success.”

Terms of the transaction were not disclosed.

Goldman, Sachs & Co. LLC served as lead financial advisor to Aucerna, with AQ Technology Partners LLC also serving as financial advisor. Perkins Coie LLP served as legal advisor to Aucerna.

About Rubicon Technology Partners

Rubicon Technology Partners invests in enterprise software companies with proven products and talented management teams to help grow and scale their businesses. Rubicon enables companies to adapt to the changing requirements of their businesses as they grow and scale using a proven set of proprietary processes, best practices and a portfolio-wide engagement model called RTP Change Management. With offices in Menlo Park, CA and Stamford, CT, Rubicon has over $850 million in cumulative capital commitments. For more information, please visit

About Aucerna

Aucerna is one of the energy industry’s leading provider of 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. Aucerna proudly serves the energy industry’s largest base of customers, from super-majors and emerging operators to energy investors, consultants and education institutions. Aucerna solutions are deployed in every region of the globe, helping companies make better investment decisions by connecting the people and the data of the modern energy industry. For more information, visit

For further information: Kirsten Porter, 650 614 1388,