Thoma Bravo to acquire PROS Holdings for $1.4bn.

Thoma Bravo, a software investment firm, agreed to acquire PROS Holdings, a provider of AI-powered SaaS pricing and selling solutions, for $1.4bn. “Today marks an exciting milestone for PROS. Thanks to the deep expertise and decades of innovation delivered by our team, PROS has become a complete and intelligent commercial platform to help businesses win. With Thoma Bravo, I am confident that we will be able to achieve our operational and market ambitions for the benefit of our customers. As a private company, PROS will be more agile and have greater flexibility to invest in innovation and expand our platform, building on our leadership position and enabling us to remain at the forefront of AI-powered enterprise transformation," Jeff Cotten, PROS President and CEO.