Thoma Bravo has closed a fund of 1.8 billion euros ($1.89 billion) dedicated to European software deals.
The private equity group announced the fund — its first for the region — targeting middle-market software firms across Europe.
Thoma Bravo has invested in European companies for 14 years, spending more than $14 billion on 16 deals across the region.
The fund is launched at a moment when Europe is rapidly digitizing, and leading software companies are looking for dedicated support and investment to accelerate their growth strategies.