Case Study: One Company Saves $300MM with Quorum Software Portfolio

How One Company Saved $300MM

A U.S.-based exploration and production company involved in offshore and unconventional assets faced a challenge with its acquisition strategy. Their approach of evaluating deals solely on whether they met an internal hurdle rate led to inconsistent results, especially for large, strategic purchases. To improve this, they turned to Quorum Software and used its Portfolio analytics platform to make more informed decisions.

Using Quorum Software’s Portfolio platform, the company was able to analyze how a potential acquisition would impact its financials, debt metrics, and capital allocation. This analysis revealed they should not pay more than $200 million for an asset they were previously prepared to bid $500 million on. By placing and winning a bid at the lower amount, Quorum’s solution saved the company $300 million and prevented the deal from limiting future investment opportunities.