Quilvest Capital Partners and Thoma Bravo announced today a definitive agreement for the acquisition of Command Alkon by Thoma Bravo.

Quilvest is pleased to announce that today it closed on the sale of Command Alkon (“Command”) to Thoma Bravo.

This sale is the culmination of a successful, decade-and-a-half hold for Quilvest, during which time Command transformed from a legacy license/maintenance software provider to the ready-mix concrete industry to an integrated cloud-enabled platform focused on the broader heavy building materials industry. Quilvest supported Command by helping execute eight acquisitions over four continents, optimizing capital structure including multiple recapitalizations and helping professionalize the business through various management succession planning and governance initiatives and technology upgrades.

"This agreement is a testament to Command Alkon’s sustained growth, leading market position, and the opportunities opened by our purpose-built platform for heavy construction. Both the Board and Quilvest are excited to announce Thoma Bravo’s stewardship of the company. Their investment track record in B2B enterprise software should only accelerate the integration of the heavy construction supply chain and deliver more value to customers faster."

Larry Neubauer Senior Partner at Quilvest and Chairman of the Board at Command Alkon