US buyout giant Thoma Bravo has appointed Inflexion’s Head of Technology to lead its new London office.
Irina Hemmers will join Thoma Bravo as a partner to lead and grow the London office, which will be the software investor’s first base in Europe as it eyes more deals on the continent.
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Hemmers comes from Inflexion, a mid-market London private equity house, where she led the technology investment team as a partner and Head of Technology. Prior to that, she was a partner at Apax Partners.
Confirming the London office opening, reported last month by Financial News’ sister publication Private Equity News, Orlando Bravo, founder of Thoma Bravo, said on September 6: “Europe is a crucial market for the growth of Thoma Bravo and the Opening a London office represents a significant step forward in our ability to partner with some of the best software companies in the world as we continue to expand our investment strategy globally.”
Inflexion promotes Sergio Ferrarini, who joined from Hg Capital in 2019, to Head of Technology. The firm also promotes Edward Lynch to partner. Lynch joined Inflexion in 2015 and has since worked on a number of investments, most notably in relation to Partnership Capital, Inflexion’s minority equity fund.
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Thoma Bravo’s London office move comes as it reviews a take-private offer for Darktrace, a London-listed cybersecurity technology company.
The US software investor has until September 12 to make a formal offer for Darktrace, a Cambridge-based company included in the FTSE 250 index.
This article was published by Financial News’ sister publication Private Equity News