Thoma Bravo, a prominent U.S. private equity firm, has successfully closed its first European-focused fund, raising €1.8 billion. The fund is aimed at mid-market software deals with enterprise values ranging from €150 million to €1 billion. This strategic move follows the firm's establishment of a London office in 2023 and is part of its broader strategy, having previously deployed €14 billion in Europe since 2010. The announcement was made by Orlando Bravo, co-founder of Thoma Bravo, who highlighted the firm's commitment to partnering with emerging leaders in the European software market. Meanwhile, UK venture capital firm has launched a separate $126 million fund specifically for tech startups.