Permira has hired Mike Hoffmann as a partner on its technology team, locating him in Menlo Park, California. In the role he will collaborate with the firm’s global tech group to source new investments and help portfolio companies execute growth plans. The move adds a seasoned dealmaker to Permira’s expanding U.S. tech presence. His appointment follows Permira’s recent fundraising that earmarked billions for technology-focused investments.

Before joining Permira, Hoffmann spent more than a decade at Thoma Bravo, where he served as a partner on flagship buyout fund and helped shape software deals. He worked at Providence Equity Partners and Citigroup Global Markets, focusing on telecommunications, media and technology. During his tenure at Thoma Bravo, he was instrumental in closing deals worth over $10 billion, reinforcing his reputation as a deal originator.

The hire comes as private‑equity firms race to capture value in cloud, cybersecurity and AI businesses. Hoffmann’s network should accelerate Permira’s American deal flow, where competition for late‑stage tech companies has intensified. Investors can expect the firm to leverage his experience for larger, complex transactions.