M&A wrap: Bojangles’, Jordan Co., Durational Capital, ConvergeOne, Clearlake, Thoma Bravo

Private equity and private credit have never been more concentrated in software. With AI challenging traditional SaaS models, investors are trying to determine whether the market is spotting a real threat—or inventing one.

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

padoa is a provider of occupational health, safety and prevention software serving occupational health centers, employers and employees.