Command Alkon, the leading supplier collaboration platform for construction’s heavy work, and Thoma Bravo, a leading private equity firm focused on the software and technology-enabled services sectors, announced a definitive agreement for the acquisition of Command Alkon by Thoma Bravo from its current owner, Quilvest Capital Partners. The transaction is subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed.
Once completed, the acquisition by Thoma Bravo is expected to speed the execution of Command Alkon’s strategy to integrate inter-company supply chain operations in heavy construction via CONNEX, the company’s many-to-many technology platform. By focusing resources and investing in next-generation, vertical-cloud capabilities, customers will benefit from real-time collaboration tools that replace manual and paper-based processes, maximize efficiency and productivity, improve real-time decision making, and ensure certainty of project outcomes.
HVK Stevens is proud to assist her longstanding client Command Alkon on this transaction!
With our integrated team, we provide both legal and tax advice in the Netherlands and Luxembourg for Thoma Bravo’s acquisition of Command Alkon from Quilvest Capital Partners. The HVK Stevens-team assigned for the transaction is led by Alycke Kootstra – working remotely from home.