Thoma Bravo Exceeds Target with €1.8 Billion European Fund
Funding | Feb 25, 2025 | Thoma Bravo
Thoma Bravo, a prominent global software investment firm, has successfully closed its inaugural European-focused fund at €1.8 billion, surpassing its initial expectations. This new fund, known as the Thoma Bravo Europe Fund, is dedicated to making equity investments in mid-market software companies across Europe. The firm aims to support founders and management teams in scaling their operations into leading entities within the European industry. The announcement was spearheaded by Orlando Bravo, a Founder and Managing Partner, who emphasized the firm's commitment to aiding Europe's technology innovators in their growth endeavors. Irina Hemmers, head of Thoma Bravo’s European office, underscored the significance of the fund in reinforcing the firm's presence in Europe. With 14 years of investment history in Europe, deploying over €14 billion in various deals, the firm is well-positioned to leverage its expertise to foster the expansion of top regional software firms into global leaders. The firm has recently made several key investments across different European markets, illustrating its strategic commitment to the region's burgeoning software sector.
Sectors
- Software Investment
- Private Equity
Geography
- Europe – The European continent is the primary focus for the new fund and investment activities mentioned in the article.
- United Kingdom – London is the location of Thoma Bravo's first international office as well as a central hub for their European operations.
Industry
- Software Investment – The article discusses investments specifically within the software sector, focusing on software businesses in Europe that Thoma Bravo aims to help scale.
- Private Equity – Thoma Bravo is a private equity firm, and the article is about their fundraising efforts to support software investments through equity funds in Europe.
Financials
- €1.8 billion – The total amount raised for Thoma Bravo's first European-focused fund.
- €400 million – The amount dedicated to the take-private transaction of EQS Group.
- US$166 billion – Thoma Bravo's assets under management as of September 30, 2024.
- US$265 billion – The enterprise value of companies Thoma Bravo has acquired or invested in.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Thoma Bravo | Private Equity Firm | Company | A leading global software investment firm managing over US$166 billion in assets, focusing on acquiring and investing in growth-oriented software and technology companies. |
| Orlando Bravo | Founder and Managing Partner | Person | A key figure at Thoma Bravo, leading the announcement of the European fund's closure. |
| Irina Hemmers | Partner | Person | Head of Thoma Bravo's European office, playing a significant role in the Europe Fund and the firm's European strategy. |
| EQS Group | Investment Target | Company | One of the companies in which Thoma Bravo has invested as part of their strategies in Europe. |
| USU, Hypergene, LOGEX | Investment Targets | Company | Companies that have received growth investment from Thoma Bravo's European team. |