Thoma Bravo Completes Acquisition of PROS Holdings, Combining B2B Business with Conga.

Tuesday, Dec 9, 2025 8:46 am ET1min read
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Thoma Bravo has completed its acquisition of PROS Holdings, with the company's travel business to be run as a platform investment, PROS Travel, and its B2B business to combine with Thoma Bravo's portfolio company Conga. Sunil John will serve as CEO of PROS Travel, and Jeff Cotten will transition to the PROS Travel Board of Directors. The acquisition of PROS' B2B business by Conga is expected to close in Q1 2026.

Thoma Bravo Completes Acquisition of PROS Holdings, Combining B2B Business with Conga.

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