PROS Holdings, Inc., a provider of AI-powered SaaS pricing and selling solutions, has entered into a definitive agreement to be acquired by Thoma Bravo in an all-cash transaction valuing the company at approximately $1.4 billion. Under the terms, PROS shareholders will receive $23.25 per share, representing a 41.7% premium to the September 19 closing price and a 53.2% premium to the 30-day average.
Following completion, PROS will become a private company backed by Thoma Bravo’s operating expertise and capital, with plans to accelerate AI innovation, expand its platform, and strengthen go-to-market execution. The transaction, unanimously approved by PROS’ board, is expected to close in Q4 2025 subject to shareholder and regulatory approvals.
Source: Thoma Bravo
