Thoma Bravo completed the acquisition of QAD, a provider of next-generation manufacturing and supply chain solutions in the cloud, for $2bn. “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. 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," Anton Chilton, QAD CEO.