Thoma Bravo, a global private equity firm specialising in software investments, has closed its first European-focused fund – Thoma Bravo Europe Fund – with €1.8bn in total capital commitments, exceeding its initial fundraising target.
According to a press statement, the fund aims to invest in “middle-market software companies across key European markets, helping them scale into industry leaders”.
Orlando Bravo, Founder and Managing Partner at Thoma Bravo, called the new fund a “significant milestone”, emphasising the firm’s commitment to backing European technology innovators.
“We see an enormous opportunity to support Europe’s most promising software businesses and help them grow,” Bravo said, adding that investor support has been instrumental in making this expansion possible.
Irina Hemmers, Partner and Head of Thoma Bravo’s European office, highlighted the region’s rapid digital transformation. “Leading software companies are increasingly seeking dedicated investment to accelerate growth. With our specialised expertise, we aim to help top regional businesses evolve into European champions and global leaders,” she said.
Thoma Bravo has been active in Europe for over a decade, deploying more than €14bn in equity across 16 transactions. Since opening its London office in 2023, the firm has completed four investments in the Netherlands, Germany, and Sweden – the €400m take-private of EQS Group, and growth investments in USU, Hypergene, and LOGEX.
