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ClosedPublished 30 Sep 2026

Francisco Partners /
Command Alkon

Francisco Partners buys majority stake in Command Alkon from Thoma Bravo

Buy side: Francisco Partners
Buy sideFrancisco Partners
Thoma Bravo · 30 Sep 2026Source
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Follow Francisco Partners Follow Command Alkon
Buy side: Francisco Partners
Buy sideFrancisco Partners
01 / BuyerFrancisco Partners
02 / SellerThoma Bravo
03 / TargetCommand Alkon
Source for the buyer, seller and target: Thoma Bravo

For the buyer, seller and target.

“HILLIARD, Ohio and SAN FRANCISCO – Thoma Bravo, the world’s largest software-focused investment firm, today announced the completion of the sale of its majority stake in Command Alkon , the trusted technology partner powering the heavy building materials industry, to Francisco Partners.”

Published 30 Sep 2026

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01

What happened

Thoma Bravo completed the sale of its majority stake in Command Alkon, the software company for ready mix, asphalt and aggregate producers, to Francisco Partners. Heidelberg Materials keeps its significant minority stake. [01]

Command Alkon's Command Cloud platform connects raw materials, production, dispatch, logistics and financials for heavy building materials producers in more than 80 countries. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Thoma Bravo

Francisco Partners buys majority stake in Command Alkon from Thoma Bravo

This document is the source for the companies, stage and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by Thoma Bravo

    The source this page is built from.

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04

Deal Web

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Deal Web · 3 firms · 0 peopleHover a name to see how it connects
This dealFrancisco Partners / Command AlkonClosed · Published 30 Sep 2026
BuyerFrancisco PartnersTargetCommand AlkonSellerThoma Bravo
This dealFrancisco Partners / Command Alkon

Closed · Francisco Partners acquired Command Alkon from Thoma Bravo (Closed, published 30 Sep 2026).

Published 30 Sep 2026
Timeline
  1. Published by Thoma Bravo
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Deal Web as a list
  • Francisco Partners (Buyer) acquired this deal. Francisco Partners: 1 deal on Carrywatch.
  • Command Alkon (Target) target this deal. Command Alkon: 1 deal on Carrywatch.
  • Thoma Bravo (Seller) sold this deal. Thoma Bravo: 1 deal on Carrywatch.