Thoma Bravo Closes $1 Billion Fund Aimed At Software Investments
San Francisco-based private equity investor Thoma Bravo announced today that it has closed on a new, $1.0 billion fund, aimed at investing in lower middle market software companies. The new Thoma Bravo Discover Fund had $1.074 billion in commitments. Thoma Bravo said it will continue its investment strategy with the new fund, with a focus on the software and technology enabled services sectors. The new fund will aim at investment opportunities which require less equity than its typical fund, according to Thoma Bravo.
posted on Tuesday, February 16, 2016
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