Thoma Bravo, a prominent software investment firm, has successfully raised $3.6 billion for its Thoma Bravo Credit Fund III, marking its largest credit pool to date. This fundraising effort highlights the firm's ongoing leadership in the enterprise software sector and its commitment to private credit.

The Thoma Bravo Credit platform specializes in senior secured debt for established enterprise software companies, particularly those backed by sponsors. Since its launch in 2017, the platform has invested over $8 billion across approximately 100 transactions. To date, Credit Fund III has allocated more than $1 billion across 20 investments.

Orlando Bravo, a Founder and Managing Partner at Thoma Bravo, expressed gratitude for the strong support from investors, emphasizing the firm's early recognition of the importance of private credit in the software industry. Oliver Thym, a Partner leading the Credit platform, noted the firm's expansion to include unlevered capital and separately managed accounts, positioning them to meet the growing demand for flexible credit solutions.

Thoma Bravo is one of the largest software-focused investors globally, managing over $166 billion in assets as of September 30, 2024. The firm employs private equity, growth equity, and credit strategies to invest in innovative companies within the software and technology sectors. With over 20 years of experience, Thoma Bravo has invested in more than 500 companies, representing approximately $265 billion in enterprise value.

The firm operates from multiple offices across major cities, including Chicago, Dallas, London, Miami, New York, and San Francisco. For more information, Thoma Bravo's website offers further insights into their investment strategies and portfolio.