Thoma Bravo completes fundraising for Special Opportunities Fund II
Chicago and San Francisco – April 16, 2015 – Thoma Bravo, LLC, a leading private equity investment firm, has completed fundraising for Thoma Bravo Special Opportunities Fund II. The Fund closed at $1.065 billion, which was its “cap,” and was oversubscribed. It will invest side-by-side with Thoma Bravo Fund XI, a $3.662 billion fund that closed in May 2014.
“We are very appreciative of the investor support for this supplemental ‘top off’ fund, which we see as an acknowledgment of our team’s strong track record in software investing and the good start we believe we’ve gotten with our Fund XI,” said Orlando Bravo, a managing partner at Thoma Bravo. “We expect the Special Opportunities Fund to give us added flexibility in competing for investments at the larger end of the software market – where we think some of the best opportunities will be found.”
Thoma Bravo is led by managing partners Orlando Bravo, Seth Boro, Scott Crabill, Lee Mitchell, Holden Spaht and Carl Thoma; and partner Robert Sayle.
About Thoma Bravo, LLC
Thoma Bravo is a leading private equity investment firm building on a 30+ year history of providing equity and strategic support to experienced management teams and growing companies. The firm seeks to create value by collaborating with company management to improve business operations and provide capital to support growth initiatives. Thoma Bravo invests with a particular focus on application and infrastructure software and technology enabled services. The firm currently manages a series of private equity funds representing more than $8.5 billion of equity commitments. For more information, visit www.thomabravo.com.