M&A wrap: Foot Locker, Goat, Flight Club, BB&T, SunTrust, 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.

David Dragich and Rafi Haramati have been named partners, Mike Drittel has been promoted to managing director, Will Edmonds to principal and Sam Abbatacola to vice president.