News Summary

Thoma Bravo, a prominent US private equity firm specializing in software investments, has successfully closed its first European-focused fund, amassing €1.8 billion. This new fund, known as the Thoma Bravo Europe Fund, targets middle-market European software companies, marking a significant milestone for the firm. The fund aims to capitalize on opportunities in the European software market, particularly focusing on companies generating between $1 billion and $10 billion in revenue. The firm exceeded its initial fundraising target of €1.5 billion, indicating strong investor confidence in its strategy to support the next generation of European software leaders.