M&A daily wrap: Francisco Partners, Grant Thornton, Spirit AeroSystems

The flagship fund raised $17.5 billion, while the middle-market fund closed with $3.5 billion.

Command Alkon develops software for suppliers of construction materials, serving customers across the aggregates, cement, asphalt, ready-mix concrete and concrete products industries.

First-half deal volume and value rose from a year ago as private equity exits gained urgency, valuation expectations aligned and activity broadened across most sectors.