Thoma Bravo seeks sale of Command Alkon stake for 1.5 billion
Thoma Bravo is working with Evercore to sell its 55 percent stake in Command Alkon. The deal could value the software firm at up to 1.75 billion dollars.
Xurve View
Insights:
Xurve View
Thoma Bravo is exploring a sale of its 55% stake in Command Alkon for a valuation between $1.5 billion and $1.75 billion. The private equity firm previously sold a 45% stake to Heidelberg Materials AG in 2021 at a $1.7 billion valuation. Investors view industry-specific software as a defensive play against artificial intelligence disruption risks impacting broader technology valuations.
