Thoma Bravo, a Chicago, Miami and San Francisco-based software program funding agency, accomplished fundraising for its buyout funds totaling greater than $32.4 billion in capital commitments.
The autos embody:
- Thoma Bravo Fund XV, a $24.3 billion fund, which is able to goal massive fairness investments;
- Thoma Bravo Discover Fund IV, a $6.2 billion fund, which is able to goal middle-market fairness investments; and
- Thoma Bravo Explore Fund II, a $1.8 billion fund, which is able to goal decrease middle-market fairness investments.
Commitments have been secured from the agency’s broad community of traders, together with sovereign wealth funds, public pension funds, multinational firms, insurance coverage corporations, fund-of-funds, endowments, foundations and household workplaces.
The funds will advance a longtime technique and partnership-driven strategy of making use of operational and sector experience to investments throughout healthcare IT, safety, monetary know-how, infrastructure and functions.
Thoma Bravo is without doubt one of the largest non-public fairness companies on this planet, with greater than $120 billion in property beneath administration as of September 30, 2022. They have had an lively 12 months on each the purchase and promote facet, with buyout fund investments and realizations representing roughly $38 billion in mixed enterprise worth. The agency’s buyout funds have invested in additional than 400 software program corporations, and right this moment, the software program portfolio contains over 55 corporations that generate roughly $20 billion of annual income and make use of over 75,000 workers globally.