Thoma Bravo’s spectacular $22.8bn tech-fueled fundraise
As is the case with a number of other leading private equity firms this year, Thoma Bravo is on a fundraising spree like no other.
The $70 billion-plus firm announced the closure this week of the Thoma Bravo Fund XIV totaling $17.8 billion and the $3.9 billion closing of the Discover Fund III and the $1.1 billion close of the Explore Fund. All three represents a different slice of the software and technology-enabled services sectors that Thoma Bravo focuses on, and each fund was significantly oversubscribed.
The funds follow an . . .
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