Manatt congratulates QAD Inc., a longtime client and a leading provider of next-generation manufacturing and supply chain solutions in the cloud, on its successful $2 billion acquisition by leading software investment firm Thoma Bravo.
Led by corporate and finance partner Veronica Lah and Manatt financial services partner Craig Miller, QAD’s transactional team also included additional support from partners Andrew Morrison and David Herbst and associate Matthew Bruno.
“The closing of this transaction is an important milestone in QAD’s history, and we are excited to begin the next phase of our company’s evolution,” said Anton Chilton, QAD chief executive officer. “I am very proud of what QAD has achieved since its founding and the momentum we’ve built over the last few years. Now, with Thoma Bravo’s expertise, resources and support, we are well-positioned to build on that momentum, further expand our reach and enhance our value proposition for our customers.”
To learn more about the acquisition, click here.