Thoma Bravo Acquires PROS Holdings, Inc.

December 9, 2025

Thoma Bravo completed an all-cash acquisition of PROS Holdings, Inc. valuing the company at approximately $1.4 billion, with PROS shareholders receiving $23.25 per share. Thoma Bravo will operate PROS' travel business as a new platform, "PROS Travel," while PROS' B2B business is expected to be combined with Thoma Bravo portfolio company Conga (expected to close in Q1 2026).

Buyers
Thoma Bravo, Conga
Targets
PROS Holdings, Inc.
Sellers
PROS shareholders
Platforms
PROS Travel, Conga
Industry
Cloud & SaaS
Location
Texas, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.