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Francisco Partners nears acquisition of Thoma Bravo's stake in Command Alkon

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. Heidelber…
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Private Equity Wire broke the news on Wednesday, July 15, 2026.
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