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Investing.com -- Private equity firm Thoma Bravo has agreed to acquire PROS Holdings, a SaaS pricing software company, in an all-cash transaction valued at $1.4 billion.
Under the terms of the deal, PROS shareholders will receive $23.25 per share in cash, representing a 42% premium to the company’s closing price on September 19.
The transaction is expected to close in the fourth quarter of 2025. Once completed, PROS will become a private company and will be delisted from the New York Stock Exchange. The company will continue to be based in Houston.
Qatalyst Partners is serving as financial advisor to PROS Holdings, while Evercore is advising Thoma Bravo on the acquisition.
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