Conga Announces Intent to Acquire PROS B2B Business Following its Acquisition by Thoma Bravo

Core Insights - Conga has announced a binding preliminary agreement to acquire the B2B business of PROS Holdings, Inc. from investment funds affiliated with Thoma Bravo [1] Company Overview - Conga is recognized as a leader in AI-powered solutions for configure, price, quote (CPQ), contract lifecycle management (CLM), and document automation [1] Acquisition Details - The acquisition is expected to be finalized with a definitive agreement in connection with the closing of the transaction [1]