Thoma Bravo raises 1.8 billion euros for its first European fund

Thoma Bravo has closed its European opening fund at 1.8 billion euros ($ 1.9 billion), through which it plans to take stock shares in medium -sized software companies across the continent.

Europe does not have a shortage of local investment capital funds (VC) – Proverbs atomic and Cherry Ventures for her Early money and the growth trip have closed in recent months-but investment companies in North America have slowly retreated from Europe. Storied Silicon Valley VC Andressen Horowitz recently closed Her office in the United Kingdom, While the OMERS project and The coat also closed offices In the region during the past 18 months.

This leaves a hole that can fill private stock companies that seek the deal.

Thoma Bravo launched its office in London in 2023 (its first center outside the United States), which indicates a regional presence that started in 2011 when that is The French software company acquired Infovista. Since then, the Chicago -based company says it has invested about 14 billion euros through 16 deals in Europe. He was also behind some of The largest private deals in 2024Including those Cyber ​​Security Company in the United Kingdom DarktraceAnd that Thuma Bravo gained in a deal At a value of $ 5.3 billion.

“The closure of our first box in Europe represents an important opportunity to deepen our presence in the region,” Irina hemmers He said in statement. “Europe is digitizing quickly, and the leading software companies are increasingly looking for convergent support and investment to accelerate their growth strategies.”