Thoma Bravo-backed QAD completed the acquisition of Redzone.

Thoma Bravo-backed QAD, a company delivering next-generation manufacturing and supply chain solutions in the cloud to enable the Adaptive Enterprise, completed the acquisition of Redzone, a workforce solution for manufacturing. Financial terms were not disclosed. "Since acquiring QAD in 2021, we have remained committed to supporting the Company in its mission to enable its customers to rapidly adapt to disruption and effectively innovate for competitive advantage. The acquisition of Redzone, with its impressive growth trajectory in a large, unpenetrated $40bn market, demonstrates our commitment to advancing QAD’s vision and to further building its leadership position in the broader industrial software universe," Peter Stefanski, Thoma Bravo Partner.