Francisco Partners – Majority interest in Command Alkon
WA-90033
Pursuant to a unit purchase agreement, funds advised by Francisco Partners Management, L.P. (together with its affiliated funds, **Francisco Partners**) will indirectly acquire all the equity interests in Project Potter Holdings, LLC, together with its subsidiaries, including Command Alkon Australia Pty Ltd (**Command Alkon**), that are currently held by funds managed by Thoma Bravo LP (**Thoma Bravo**) and certain other equity holders (the **Acquisition**). Command Alkon is currently jointly controlled by Thoma Bravo and Heidelberg Materials AG (**Heidelberg Materials**). Following completion of the Acquisition, Francisco Partners and Heidelberg Materials will jointly control Command Alkon. Francisco Partners is a global investment firm headquartered in San Francisco. It is a technology-focused investment firm with significant experience investing in and supporting technology companies. Command Alkon is headquartered in Ohio and consists of several software companies that deliver automation software solutions. These solutions are used in the heavy building materials industry for purposes including pricing and quoting, order taking, scheduling and delivery, dispatching, batching, ticketing, truck tracking and management, and quality control, in connection with the production of materials such as ready-mixed or pre-cast concrete, cement, aggregates and asphalt.
Status
Assessment completed
Determination
Approved
Stage
Waiver application
Notified
5 August 2026
Acquirers
- Colossus Buyer L.P.
Targets
- Project Potter Holdings, LLC