Thoma Bravo-backed Foundation Software completed the acquisition of Vendrix.

Thoma Bravo-backed Foundation Software, a company specializing in construction accounting and project management software, completed the acquisition of Vendrix, a financial management platform specifically designed for construction companies. Financial terms were not disclosed. “We’re constantly looking for technology to make our clients’ lives easier — whether through in-house software development or acquisitions —so when we started conversations with Vendrix and saw how well their business values and software operations fit into our platform, it just made sense,” Mike Ode, Foundation Software CEO.