Thoma Bravo Intends To Manage Travel Segment Of Pros After Buyout; Conga To Integrate B2B Operations Of Pros

Author: Benzinga Newsdesk | October 01, 2025 07:43am

Following Acquisition, Thoma Bravo Plans to Accelerate PROS' Travel Segment as a Standalone Business and Bolster Conga with Addition of PROS' B2B Segment 

HOUSTON and SAN FRANCISCO, Oct. 1, 2025 /PRNewswire/ -- 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.

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