Francisco Partners is in advanced negotiations to acquire a controlling stake in construction software provider Command Alkon from fellow private equity firm Thoma Bravo in a transaction that could value the business at up to $1.3bn according to a report by Bloomberg.
The report cites unnamed people familiar with the matter as revealing that Francisco Partners is in late-stage talks to purchase Thoma Bravo’s 55% holding in the company. Heidelberg Materials, Command Alkon’s largest customer, owns...
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