Monday, November 8, 2021

QAD Becomes Privately Held After Thoma Bravo Acquisition

Santa Barbara-based manufacturing and supply chain software maker QAD is now officially a private company again, after an acquisition by private equity investor Thoma Bravo. According to Thoma Bravo, the deal was worth approximately $2 billion in cash. The go-private deal was originally announced on June 28th. Thoma Bravo is paying $87.50 per share o

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