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...