Command Alkon announced Aug. 4 that global investment firm Francisco Partners has agreed to acquire a majority stake in the concrete materials company. Thoma Bravo Heidelberg Materials, an integrated manufacturer of concrete and other heavy building materials, will retain its minority stake in Command Alkon. "Over the past several years, together with Thoma Bravo and Heidelberg Materials, we have executed a clear long-term strategy focused on helping our customers modernize and connect their operations through Command Cloud," said Command Alkon CEO Martin Willoughy, who will stay on as leader of the Dublin, Ohio-based materials provider. "Together, we have expanded our cloud platform, strengthened our services and laid the foundation for the next generation of AI-powered capabilities."