Thoma Bravo to take QAD Inc private for $2bn

Thoma Bravo to take QAD Inc private for $2bn

QAD Inc said on Monday private equity firm Thoma Bravo will buy the enterprise software maker for about $2bn. As part of the deal, QAD shareholders will get $87.50 per share in cash, a premium of about 20% to the company’s last close. Thoma Bravo is one the largest...
RLDatix Nears $1.3bn Deal for Vista’s Allocate

RLDatix Nears $1.3bn Deal for Vista’s Allocate

Health-care technology company RLDatix agreed to buy Allocate Software, the maker of cloud-based medical platforms owned by private equity firms Vista Equity Partners and Hg. It didn’t provide financial terms. The deal is valued at more than $1.3bn, people familiar...
KKR Dealmakers Pause for Breath After $60bn Pandemic Binge

KKR Dealmakers Pause for Breath After $60bn Pandemic Binge

A relentless global deal binge totaling nearly $60bn has KKR & Co.’s leadership taking stock – and a breather. When the pandemic hit, shortly after Philipp Freise and Mattia Caprioli took over new roles in Europe, the buyout house started deploying as much...
Brookfield Unit Signs $5 Billion Deal for TDR-Backed Modulaire

Brookfield Unit Signs $5 Billion Deal for TDR-Backed Modulaire

A unit of Brookfield Asset Management Inc. agreed to acquire Modulaire Group, the European designer of modular work spaces backed by buyout firm TDR Capital, for about $5 billion, beating out interest from rival Canadian investment firm Onex Corp. “We look forward to...