Thoma Bravo Launches First European Fund at £1.5bn
Funding | Feb 28, 2025 | Business Cloud
Thoma Bravo, a prominent US private equity firm known for its cybersecurity ventures like Darktrace and Sophos, has finalized a £1.5 billion European fund. This initiative marks Thoma Bravo's significant stride into the European tech market, focusing on supporting promising software companies. Orlando Bravo, the firm's founder, emphasizes the great potential in backing Europe's tech innovators to scale and achieve global leadership. With 14 years of investing in Europe and a solid track record in the region, Thoma Bravo is committed to leveraging its expertise to transform leading software businesses into global leaders. The firm's London office, established in 2023, is leading these efforts, having already made strategic investments across Germany, the Netherlands, and Sweden. Irina Hemmers, a partner and head of the European office, highlights the importance of this fund in reinforcing Thoma Bravo's commitment to European businesses and their rapid digital transformation.
Sectors
- Private Equity
- Software
- Cybersecurity
Geography
- Europe – The article is centered around Thoma Bravo's new European fund and focus on European software companies.
- United States – Thoma Bravo is a US-based private equity firm, and its international activities are orchestrated from there.
- United Kingdom – The firm's first international office has been established in London, UK, and includes key investment activity.
Industry
- Private Equity – The article discusses Thoma Bravo's European fund and investment targeting, typical of private equity activities.
- Software – Thoma Bravo focuses on investing in promising software companies across Europe, indicating a significant interest in the software industry.
- Cybersecurity – Thoma Bravo is known for backing cybersecurity firms like Darktrace and Sophos, linking the article to this sector.
Financials
- £1.5bn – The total capitalization of Thoma Bravo's first European fund.
- £400m – The amount involved in the take-private transaction of EQS Group by Thoma Bravo.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Thoma Bravo | Investor/Firm | Company | A US-based private equity giant with a focus on software and technology investments. |
| Orlando Bravo | Founder and Managing Partner | Person | Founder and managing partner of Thoma Bravo, leading the firm's strategic vision. |
| Irina Hemmers | Partner and Head of European Office | Person | Leads Thoma Bravo's European operations, focusing on investment strategies in Europe. |
| Darktrace | Portfolio Company | Company | A cybersecurity company backed by Thoma Bravo, headquartered in Cambridge. |
| Sophos | Portfolio Company | Company | A cybersecurity firm backed by Thoma Bravo, located in Abingdon. |
| EQS Group | Investee | Company | A company in which Thoma Bravo made a £400m take-private investment. |
| USU | Investee | Company | A company in the software industry receiving growth investment from Thoma Bravo. |
| Hypergene | Investee | Company | A software company that has received growth investment from Thoma Bravo. |
| LOGEX | Investee | Company | A company in the tech sector receiving growth investment from Thoma Bravo. |