Command Alkon, a leading supplier collaboration platform for the quarrying and heavy construction industries, and Thoma Bravo, a leading private equity firm focused on the software and technology-enabled services sectors, have confirmed the completion of Thoma Bravo's acquisition of Command Alkon.
As the new financial partners of Command Alkon, Thoma Bravo’s expertise in B2B enterprise software will enable the company to accelerate the integration of quarrying and heavy construction supply chain with robust solutions that deliver higher value to customers.
“We admire how Command Alkon has captured a leading market share in the heavy work vertical, with a track record of proven performance over its nearly 45-year history,” said A.J. Rohde, a partner at Thoma Bravo.
“With their introduction of CONNEX, Command Alkon is leading a new era of project certainty. We look forward to working together to further digitisation and supply chain transformation within heavy construction.
“Today, we embark on a new chapter in the Command Alkon story as we speed the execution of our strategy to integrate inter-company supply chain operations. This will provide real-time visibility into heavy material orders, quality and movements while boosting productivity for all stakeholders,” said Phil Ramsey, CEO of Command Alkon. “We are excited about the future, backed by Thoma Bravo and their software and operational expertise.”
The new partnership with Thoma Bravo will enable the company to expand on its vision of an integrated supply chain across the heavy construction market by accelerating the time to market for new solutions. By investing in next-generation, vertical-cloud capabilities, customers benefit from modern collaboration tools that digitise business processes, maximise efficiencies, improve decision making, and ensure certainty of project outcomes.
A leading private equity firm with a portfolio of funds representing more than US$35 billion in capital commitments, Thoma Bravo partners with a company’s management team to implement operating best practices. This includes investing in growth initiatives and making accretive acquisitions intended to accelerate revenue and earnings, to increase the value of the business. The company has offices in San Francisco and Chicago.
