Thoma Bravo
Search documents
Thoma Bravo and PROS Holdings, Inc. Announce Strategic Plans for PROS Business Segments
Prnewswire· 2025-10-01 11:30
Core Insights - Thoma Bravo plans to accelerate PROS' travel segment as a standalone business and integrate PROS' B2B segment with Conga following the acquisition [1][2] - The acquisition is expected to close in Q4 2025, with PROS shareholders receiving $23.25 per share, representing a premium of approximately 41.7% over the closing price prior to the announcement [3] Company Overview - PROS Holdings, Inc. is a leading provider of AI-powered SaaS pricing and selling solutions, focusing on optimizing omnichannel shopping and selling experiences [6] - Conga is a market leader in Revenue Lifecycle Management, providing solutions for configure, price, quote, contract lifecycle management, and document automation [7][8] - Thoma Bravo is a major software-focused investment firm with approximately $181 billion in assets under management as of June 30, 2025 [4] Strategic Plans - Thoma Bravo aims to leverage its operational experience and software expertise to enhance PROS' market-leading AI offerings in the travel sector [2] - The combination of PROS' B2B business with Conga is expected to create a more powerful solution portfolio, enhancing customer value across commercial operations [2][3] - The travel business will receive additional investment for innovation, aiming to strengthen PROS' position in the airline and travel market [2]
X @Bloomberg
Bloomberg· 2025-09-30 21:30
A group of banks led by Santander will be forced to keep a portion of the $2.7 billion financing to support Thoma Bravo’s acquisition of customer-service automation business Verint, according to sources https://t.co/hNSwXK6Bgn ...
X @Bloomberg
Bloomberg· 2025-09-26 21:40
A group of Wall Street banks led by Santander is reducing the size of a debt offering for Thoma Bravo’s acquisition of customer-service automation business Verint, according to people with knowledge of the matter. https://t.co/e98UCKm8Yt ...
X @Bloomberg
Bloomberg· 2025-09-24 20:24
A Goldman Sachs-led group of banks launched a $5.5 billion leveraged loan on Wednesday to help finance Thoma Bravo’s pending acquisition of human-resources software provider Dayforce https://t.co/WGdjco59MB ...
Private equity firm Novacap to buy Integral Ad Science for $1.9 billion
Yahoo Finance· 2025-09-24 12:24
(Reuters) -Private equity firm Novacap will buy Integral Ad Science in a deal valuing the target at around $1.9 billion, the digital ad verification company said on Wednesday. Novacap, having more than $10 billion in assets under management, will acquire all of IAS' outstanding shares for $10.30 apiece in cash, representing a premium of around 22% to the stock's last closing. IAS shares were trading about 20% higher before the bell. The deal, expected to close before the end of this year, is the latest i ...
KeyBanc Downgrades Pros Holdings Amid Acquisition by Thoma Bravo
Financial Modeling Prep· 2025-09-24 01:04
Core Viewpoint - KeyBanc downgraded PROS Holdings from Overweight to Sector Weight amid the announcement of its acquisition by Thoma Bravo for approximately $1.4 billion [1][5] Company Summary - PROS Holdings is a software company specializing in AI-powered SaaS pricing and selling solutions, indicating its strategic importance and growth potential in the software industry [2] - The acquisition deal values PROS at $1.4 billion, with shareholders set to receive $23.25 per share in cash [2][5] - The market capitalization of PROS Holdings is approximately $1.1 billion, with a trading volume of 6,801,277 shares [4] Stock Performance - Following the downgrade, PROS Holdings' stock price decreased slightly by approximately 0.72%, closing at $22.85, with a trading range of $22.82 to $23 during the day [3][5] - Over the past year, the stock has experienced significant volatility, with a high of $29.84 and a low of $13.61 [3]
Shareholder Alert: The Ademi Firm investigates whether PROS Holdings Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-09-22 15:30
Core Viewpoint - The Ademi Firm is investigating PROS for potential breaches of fiduciary duty and other legal violations related to its transaction with Thoma Bravo, which involves a significant financial arrangement for shareholders [1][2]. Group 1: Transaction Details - Shareholders of PROS will receive $23.25 per share in a transaction valued at approximately $1.4 billion [2]. - The transaction agreement imposes significant penalties on PROS if it accepts competing bids, which raises concerns about the board's fiduciary duties [2]. Group 2: Investigation Focus - The investigation by the Ademi Firm centers on the conduct of the PROS board of directors and whether they are adequately fulfilling their fiduciary responsibilities to all shareholders [2].
Thoma Bravo to Buy PROS Holdings in $1.4 Billion Deal
WSJ· 2025-09-22 13:59
Group 1 - PROS Holdings has agreed to be acquired by private-equity firm Thoma Bravo [1] - The acquisition values PROS Holdings at approximately $1.4 billion [1]
PRO Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of PROS Holdings, Inc. Is Fair to Shareholders
Businesswire· 2025-09-22 13:52
Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of PROS Holdings, Inc. to Thoma Bravo for $23.25 per share in cash, focusing on the interests of PROS shareholders [1] Group 1 - The investigation is centered on whether the transaction is fair to PROS shareholders [1] - PROS shareholders are encouraged to learn about their legal rights and options regarding the sale [1] - Contact information for Halper Sadeh LLC is provided for shareholders seeking more information [1]
Thoma Bravo to acquire PROS Holdings for $1.4B in cash (NYSE:PRO)
Seeking Alpha· 2025-09-22 13:09
Group 1 - PROS Holdings, a provider of AI-powered SaaS pricing and selling solutions, will be acquired by private equity firm Thoma Bravo for $1.4 billion in cash [1] - The acquisition agreement indicates that PROS shareholders will receive cash for their shares [1]