Thoma Bravo und PROS Holdings, Inc. kündigen strategische Pläne für PROS-Geschäftsbereiche an

Nach der Übernahme plant Thoma Bravo, das Reisesegment von PROS als eigenständiges Geschäft voranzutreiben und Conga mit dem zusätzlichen B2B-Segment von PROS zu verstärken

HOUSTON & SAN FRANCISCO – OCTOBER 1, 2025 – Thoma Bravo, a leading software investment firm, and PROS Holdings, Inc. (NYSE: PRO) (“PROS”), a leading provider of AI-powered SaaS pricing and selling solutions, today announced the post-closing plans for PROS. Following the completion of Thoma Bravo’s planned acquisition of PROS, which was announced on September 22, 2025 and is expected to close in Q4 2025, Thoma Bravo intends to run the travel business of PROS as a platform investment while existing portfolio company Conga, a leader for AI-powered innovation in configure, price, quote (CPQ), contract lifecycle management (CLM) and document automation, will combine with the B2B business of PROS.

“We are thrilled to be investing in PROS and excited by the opportunities ahead to grow the travel business,” said A.J. Rohde, a Senior Partner at Thoma Bravo. “In the large and hyper-competitive airline and travel industry, there is increasing pressure to streamline pricing and selling systems to help customers grow and increase revenue. Trusted by airlines and travel companies worldwide, PROS is well-positioned to lead in this growing market, and we are confident that our deep operational experience and software expertise will further PROS’ market-leading AI offering.”

“This strategic plan will enable PROS to better serve customers through deep domain expertise and accelerate growth with focused innovation across both the B2B and travel sectors,” said PROS CEO, Jeff Cotten. “Combining PROS’ B2B business and Conga will unlock a broader, more powerful solution portfolio that expands on the offerings the business can deliver to customers and drives greater value across every stage of their commercial operations. Meanwhile, with Thoma Bravo’s support, the travel business will be equipped to further invest in innovation, grow our airline and travel platform and fortify our position as a market leader in this dynamic sector.”

“This is an exciting new growth stage for PROS and continues to build on the trust that our customers have in PROS with greater agility and flexibility,” said Surain Adyanthaya, President of Global Industries at PROS. “With Thoma Bravo’s conviction in our travel business, we believe we are strongly positioned to help our customers grow and continue to improve our operational efficiency in an AI-led era,” said Ajay Damani, Executive Vice President of Engineering at PROS.

Commenting on Conga’s planned combination with PROS’ B2B business, Holden Spaht, a Managing Partner at Thoma Bravo, said: “We are excited to combine Conga, our revenue lifecycle management platform, with PROS’ AI-driven pricing optimization capabilities. The combination of these two market leaders addresses the increasing need for enterprises to dynamically price and quote complex SKU bundles in the age of AI.”

Under the terms of PROS’ agreement to be acquired by Thoma Bravo, at closing, PROS shareholders will receive $23.25 per share in cash, representing a premium of approximately 41.7 percent over PROS’ closing share price on September 19, 2025, the last full trading day prior to the transaction announcement, and a 53.2 percent premium to PROS’ volume weighted average share price over the 30-day period ending the same date.

Über Thoma Bravo

Thoma Bravo is one of the largest software-focused investors in the world, with approximately $181 billion in assets under management as of June 30, 2025. Through its private equity, growth equity and credit strategies, the firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Leveraging Thoma Bravo’s deep sector knowledge and strategic and operational expertise, the firm collaborates with its portfolio companies to implement operating best practices and drive growth initiatives. Over the past 20+ years, the firm has acquired or invested in approximately 555 companies representing approximately $285 billion in enterprise value (including control and non-control investments). The firm has offices in Chicago, Dallas, London, Miami, New York, and San Francisco. For more information, visit Thoma Bravo’s website at www.thomabravo.com.

About Conga

Conga, the Revenue Company, is the pioneer and market leader in Revenue Lifecycle Management. Its platform is chosen by the world’s growth champions to accelerate the end-to-end revenue lifecycle and achieve a Revenue Advantage. Conga brings Configure, Price, Quote, Contract Lifecycle Management, and Document Automation capabilities together on a single open platform that works with any ERP, any CRM, and any Cloud. Conga is born for the top line—powered by a unified revenue data model, complete revenue intelligence, and purpose-built AI—to help companies grow, protect, and expand their revenue.

Conga delivers a Revenue Advantage to over 10,000 customers and 6.4 million users around the world. More than 7 million contracts and 46 million quotes are generated annually with Conga. Founded in 2006, the company is headquartered in Broomfield, CO and has offices across the United States, India, and Ireland. Visit conga.com for more information.

Zusätzliche Informationen über die Akquisition und wo sie zu finden sind

Diese Mitteilung erfolgt im Hinblick auf die geplante Transaktion zwischen PROS, Portofino Parent, LLC und Portofino Merger Sub, Inc. PROS erwartet und beabsichtigt, bei der SEC ein Proxy Statement und andere relevante Dokumente in Verbindung mit einer außerordentlichen Versammlung der PROS-Aktionäre einzureichen, um die Zustimmung der Aktionäre zu der geplanten Transaktion zu erhalten. PROS kann auch andere relevante Dokumente bezüglich der geplanten Transaktion bei der SEC einreichen. Diese Mitteilung ist kein Ersatz für das Proxy Statement oder andere Dokumente, die PROS bei der SEC einreichen kann. Das endgültige Proxy Statement (sobald verfügbar) wird den Aktionären von PROS zugesandt oder ausgehändigt und wird wichtige Informationen über die geplante Transaktion und damit verbundene Angelegenheiten enthalten. ANLEGERN UND AKTIONÄREN VON PROS WIRD DRINGEND EMPFOHLEN, DAS DEFINITIVE PROXY STATEMENT UND ALLE ANDEREN RELEVANTEN DOKUMENTE, DIE VON PROS BEI DER SEC EINGEREICHT WERDEN KÖNNEN, SOWIE ALLE ÄNDERUNGEN ODER ERGÄNZUNGEN ZU DIESEN DOKUMENTEN SORGFÄLTIG UND VOLLSTÄNDIG ZU LESEN, SOBALD SIE VERFÜGBAR SIND, DA SIE WICHTIGE INFORMATIONEN ÜBER PROS UND DIE GEPLANTE TRANSAKTION ENTHALTEN WERDEN. Investoren und Aktionäre können ein kostenloses Exemplar des Proxy Statements und anderer Dokumente mit wichtigen Informationen über PROS und die geplante Transaktion erhalten, sobald diese Dokumente von PROS bei der SEC eingereicht werden, und zwar auf der Website der SEC unter www.sec.gov oder von PROS auf seiner Website unter https://ir.pros.com/.

Teilnehmer der Aufforderung zur Einreichung von Vorschlägen

PROS und einige seiner Direktoren und leitenden Angestellten können als Teilnehmer an der Einholung von Stimmrechtsvollmachten im Zusammenhang mit der geplanten Transaktion angesehen werden. Informationen über die Direktoren und leitenden Angestellten von PROS sind in (i) dem Jahresbericht von PROS auf Formblatt 10-K für das am 31. Dezember 2024 endende Geschäftsjahr, unter anderem unter den Überschriften "Item 10. Direktoren, leitende Angestellte und Corporate Governance", "Punkt 11. Vergütung der Führungskräfte", "Punkt 12. Wertpapierbesitz bestimmter wirtschaftlicher Eigentümer und des Managements und damit verbundene Aktionärsangelegenheiten" und "Punkt 13. Bestimmte Beziehungen und verwandte Transaktionen sowie die Unabhängigkeit der Direktoren", der am 12. Februar 2025 bei der SEC eingereicht wurde und abgerufen werden kann hier(ii) das endgültige Proxy Statement von PROS für die Jahreshauptversammlung 2025, das am 28. März 2025 bei der SEC eingereicht wurde und am 7. April 2025 ergänzt wurde, unter den Überschriften "Directors", "Director Compensation", "Executive Officers", "Compensation Discussion and Analysis", "Executive Compensation", "Security Ownership" und "Related Party Transactions" und kann hier eingesehen werden hier(iii) der aktuelle Bericht von PROS auf Formblatt 8-K, der am 1. Mai 2025 eingereicht wurde und wie folgt abgerufen werden kann hierund (iv) anschließend eingereichte aktuelle Berichte auf Formular 8-K und Quartalsberichte auf Formular 10-Q. Soweit sich der Besitz von PROS-Wertpapieren durch die Vorstandsmitglieder oder leitenden Angestellten seit den in der Vollmachtserklärung von PROS für die Jahreshauptversammlung 2025 angegebenen Beträgen geändert hat, wurden oder werden diese Änderungen in den bei der SEC eingereichten Formblättern 3, 4 und 5 berücksichtigt (die unter EDGAR Search Results hier). Weitere Informationen über die Teilnehmer an der Aufforderung und eine Beschreibung ihrer direkten und indirekten Beteiligungen, sei es durch Wertpapierbesitz oder auf andere Weise, werden in der endgültigen Vollmachtserklärung von PROS und anderen relevanten Unterlagen, die bei der SEC im Zusammenhang mit der geplanten Transaktion eingereicht werden, dargelegt, sobald diese Unterlagen verfügbar sind. Investoren und Aktionäre sollten das Proxy Statement sorgfältig lesen, sobald es verfügbar ist, bevor sie Stimm- oder Investitionsentscheidungen treffen. Kopien der von PROS bei der SEC eingereichten Dokumente werden kostenlos auf der Website der SEC unter sec.gov und auf der Website von PROS unter https://ir.pros.com/.

Zukunftsgerichtete Aussagen

This communication, and the documents to which PROS refers you in this communication, contains not only historical information, but also forward-looking statements made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent PROS’ expectations or beliefs concerning future events, including the timing of the proposed transaction and other information relating to the proposed transaction. Forward-looking statements include information concerning possible or assumed future results of operations of PROS, the expected completion and timing of the proposed transaction and other information relating to the proposed transaction. Without limiting the foregoing, the words “believes,” “anticipates,” “plans,” “expects,” “intends,” “forecasts,” “should,” “estimates,” “contemplate,” “future,” “goal,” “potential,” “predict,” “project,” “projection,” “may,” “will,” “could,” “should,” “would,” “assuming” and similar expressions are intended to identify forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. Where, in any forward-looking statement, PROS expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future performance and involve certain risks, uncertainties and other factors beyond PROS’ control. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in the forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in the forward-looking statements: (i) the risk that the transaction may not be completed in a timely manner or at all, which may adversely affect PROS’ business and the price of the common stock of PROS, (ii) the failure to satisfy the conditions to the consummation of the transaction, including the adoption of the merger agreement by the stockholders of PROS and the receipt of regulatory approvals from various governmental entities (including any conditions, limitations or restrictions placed on these approvals) and the risk that one or more governmental entities may deny approval, (iii) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement, (iv) the risk that the merger agreement may be terminated in circumstances that require PROS to pay a termination fee, (v) the effect of the announcement or pendency of the transaction on PROS’ business relationships, operating results and business generally, (vi) risks that the proposed transaction disrupts current plans and operations, (vii) risks related to diverting management’s attention from PROS’ ongoing business operations, (viii) the outcome of any legal proceedings that may be instituted against PROS related to the merger agreement or the transaction, (ix) PROS’ ability to retain, hire and integrate skilled personnel including PROS’ senior management team and maintain relationships with key business partners and customers, and others with whom it does business, in light of the proposed transaction, (x) unexpected costs, charges or expenses resulting from the proposed transaction, (xi) the impact of adverse general and industry-specific economic and market conditions, (xii) risks caused by delays in upturns or downturns being reflected in PROS’ financial position and results of operations, (xiii) risks that the benefits of the merger are not realized when and as expected, (xiv) uncertainty as to timing of completion of the proposed merger, and (xv) other factors described under the heading “Risk Factors” in PROS’ Annual Report on Form 10-K for the year ended December 31, 2024, PROS’ subsequent Quarterly Reports on Form 10-Q, and in other reports and filings with the SEC. Forward-looking statements speak only as of the date of this communication or the date of any document incorporated by reference in this document. PROS cautions you that the important factors referenced above may not contain all of the factors that are important to you. In addition, PROS cannot assure you that PROS will realize the results or developments expected or anticipated or, even if substantially realized, that they will result in the consequences or affect PROS or PROS’ operations in the way PROS expects. The forward-looking statements included in this communication are made only as of the date hereof. Except as required by applicable law or regulation, PROS does not undertake to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Kein Angebot

No person has commenced soliciting proxies in connection with the proposed transaction referenced in this communication, and this communication is neither an offer to purchase nor a solicitation of an offer to sell securities.

Contacts

Thoma Bravo Kontakte
Megan Frank
+1.212.731.4778
mfrank@thomabravo.com

oder

FGS Global
Abby Farr
+1.646.957.2067
thomabravo-US@fgsglobal.com

PROS Contacts
Jamie Moser / Aura Reinhard
Joele Frank, Wilkinson Brimmer Katcher
+1 212-355-4449

Investor Relations
Belinda Overdeput
+1 713-335-5879
ir@pros.com