Thoma Bravo, the heavyweight in software-focused private equity, has fired a major salvo in the European investment landscape. Backed by legal powerhouse Kirkland & Ellis LLP, the firm announced Tuesday the successful closing of its first European-focused fund, locking in an impressive €1.8 billion ($1.89 billion) from investors.
Dubbed the Thoma Bravo Europe Fund, this dedicated pool of capital is set to reshape Europe’s software sector by fueling middle-market businesses across key regions. The mission? To supercharge entrepreneurs, founders, and management teams, catapulting their companies into industry titans.
Europe’s Tech Boom: Thoma Bravo Eyes Massive Growth
With a strong foothold in the U.S., Thoma Bravo is now turning up the heat on European tech.
“The closing of our first Europe Fund represents a significant opportunity to deepen our presence in the region,” said Irina Hemmers, a Thoma Bravo partner and head of its European office. “Europe is digitizing rapidly, and leading software companies are increasingly looking for dedicated support and investment to accelerate their growth strategies.”
And Thoma Bravo isn’t exactly a newcomer. The firm has been playing the European field for 14 years, deploying over €14 billion in equity across 16 transactions. But since setting up shop in London just two years ago, the firm has fast-tracked its expansion, completing four major investments across the Netherlands, Germany, and Sweden.