Thoma Bravo, a leading global software investment firm, closed its first Europe-focused fund at approximately €1.8bn (around $2bn) in capital commitments.

The fund targets innovative middle-market software companies across Europe.

The firm will support founders, entrepreneurs, and management teams to scale their businesses into industry leaders. Orlando Bravo, Founder and Managing Partner, said, “Our first dedicated pool of capital for European software marks a significant milestone for our firm.”

Irina Hemmers, Partner and head of Thoma Bravo’s European office, added, “The closing of our first Europe Fund represents a significant opportunity to deepen our presence in the region.”

Thoma Bravo has a strong track record in Europe. Over the past 14 years, it has deployed more than €14bn in equity across 16 transactions. Since opening its London office in 2023, the firm’s European team has executed four investments in markets including the Netherlands, Germany, and Sweden – notably the €400m take-private of EQS Group, as well as growth investments in USU, Hypergene, and LOGEX.

This milestone reinforces Thoma Bravo’s commitment to European software and its strategic approach to scaling technology innovators into industry leaders.