Private Equity Thoma Bravo closed the inaugural European fund at EUR 1.8 billion ($ 1.9 billion), through which it plans to take shares in central software firms throughout the continent.
Europe is not lacking in homegrown Venture Capital (VC)-like Atomico and Cherry Ventures have closed early and the increase in funds in recent months-but North American investment firms are slowly withdrawing from Europe. The plughed company VC Valley Val Recently Andreessen Horowitz Closed His office in Great Britain, while Omers Ventures i The coating also has closed offices in the region in the last 18 months.
This leaves a hole that Private Equity can fill.
Thoma Bravo launched his London office in 2023 (first center outside the USA), formalizing the regional presence that began in 2011, when IT purchased by the French company Infovista software. Since then, a company with Headudician in Chicago claims that it has invested around EUR 14 billion in 16 transactions in Europe. He was also for one of the largest Private offers from 2024, including from the British company Darktrace, which Thoma Bravo purchased in the contract value $ 5.3 billion.
“Closing our first European fund is a significant opportunity to deepen our presence in the region,” partner Thoma Bravo and the principal European Irina Hemmers he said statement. “Europe quickly digitizes, and leading software companies are increasingly looking for devoted support and investments to accelerate the development strategy.”