PROS Appoints Bhaskara Rao Guntreddy as Senior Vice President of Product
PROS Holdings, Inc., a leading offer management provider for the airline industry, has appointed Bhaskara Rao Guntreddy as Senior Vice President of Product. Guntreddy, formerly with Sabre Corporation, will lead product strategy and innovation to advance PROS' commitment to AI-driven retail strategies for airlines. His extensive experience in airline business solutions, innovation, and revenue management from Emirates and Etihad will be crucial in developing next-generation airline retail solutions.
PROS Appoints Bhaskara Rao Guntreddy as Senior Vice President of Product to Lead AI-Driven Airline Retail Transformation
PROS Holdings, Inc. has appointed Bhaskara Rao Guntreddy as Senior Vice President of Product to spearhead the company's AI-driven airline retail transformation. Guntreddy, an airline industry veteran with experience from Sabre, Emirates, and Etihad, will lead product strategy and innovation to advance PROS's offer and order vision. His expertise is expected to significantly enhance PROS's ability to help airlines adopt modern, customer-centric retail strategies for revenue growth and improved traveler experiences.
PROS Appoints Bhaskara Rao Guntreddy as Senior Vice President of Product to Lead AI-Driven Airline Retail Transformation
PROS Holdings, Inc. has appointed Bhaskara Rao Guntreddy as Senior Vice President of Product to drive its AI-driven airline retail transformation. Guntreddy brings extensive leadership experience from global airlines and travel technology providers, including Sabre, Emirates, and Etihad. He will be instrumental in advancing PROS’ offer and order vision, aiming to meet evolving traveler expectations and unlock new revenue opportunities for airlines.
Conga Completes Acquisition of PROS B2B Business
Conga, a leader in AI-powered CPQ, CLM, and document automation, has announced the completion of its acquisition of the B2B business of PROS Holdings, Inc. This strategic acquisition aims to create a differentiated enterprise platform that integrates AI-driven pricing optimization, configuration, quoting, and contracting to connect the commerce chain and enable end-to-end revenue orchestration. The combined entity, led by CEO Dave Osborne, will focus on seamless integration to maximize revenue, reduce risk, and improve profitability for its customers.
Conga Completes Acquisition of PROS B2B Business
Conga, a leader in AI-powered CPQ, CLM, and document automation, has acquired the B2B business of PROS Holdings from Thoma Bravo. This acquisition combines their respective strengths in AI-driven pricing optimization, configuration, quoting, and contracting to create a comprehensive enterprise platform for revenue orchestration. The expanded Conga, led by CEO Dave Osborne, aims to provide connected, intelligent business operations and will discuss future plans at Conga Connect in March.
Conga Completes Acquisition of PROS B2B Business
Conga, a leader in AI-powered CPQ, CLM, and document automation, has acquired the B2B business of PROS Holdings from Thoma Bravo. This acquisition aims to combine AI-driven pricing optimization, configuration, quoting, and contracting capabilities to create a differentiated enterprise platform for revenue orchestration. The expanded Conga, led by CEO Dave Osborne, will focus on seamless integration to maximize revenue, reduce risk, and improve profitability for its customers.
PROS Becomes a Dedicated Travel Technology Company to Lead the Future of Modern Airline Retailing
PROS, Inc. has announced its transformation into a dedicated travel technology company, focusing exclusively on AI-driven airline retailing. This strategic move, which involved the acquisition of PROS' B2B business by Conga, aims to enhance offer management for airlines and improve traveler experiences. Sunil John has been appointed CEO, leading PROS to accelerate innovation and deliver advanced retailing capabilities for the airline industry.
The Truth About PROS Holdings Inc: Is This Quiet AI Stock About To Explode?
PROS Holdings Inc (PRO) is an under-the-radar AI stock specializing in pricing and revenue optimization software for large enterprises like airlines and hotels. While not a mainstream viral sensation, it's gaining traction in B2B AI circles as a "selective risk" play for investors interested in high-growth, niche SaaS companies. The article suggests that PROS offers a potentially high-upside opportunity for those willing to research and endure volatility, contrasting it with larger competitors like Salesforce.
Lufthansa And PROS Strengthen Partnership For Dynamic Travel Offers
Lufthansa Group has renewed its strategic partnership with PROS Holdings, Inc., an AI-powered SaaS provider, to enhance dynamic travel offers and adapt to market changes more flexibly. This collaboration, spanning over four decades, will enable Lufthansa to provide optimized, real-time pricing and attribute-based offers, moving away from traditional class-based fare structures. The integration of PROS's advanced solutions aims to streamline operations, boost agility, and deliver personalized options to modern travelers, fostering new revenue opportunities and strengthening Lufthansa's position in the global travel market.
Lufthansa and PROS Holdings Extend Decades-Long Partnership with Cutting-Edge Solutions
Lufthansa Group has extended its over 30-year partnership with PROS Holdings to revolutionize travel pricing and enhance commercial operations. This collaboration aims to provide travelers with more flexibility, choice, and transparency by leveraging advanced technologies for revenue management, real-time dynamic pricing, and customer-centric retailing. By moving away from legacy IT systems, Lufthansa will offer attribute-based offers, allowing customers to customize their travel experience and pay only for valued features.
PROS and Lufthansa Group Extend Strategic Partnership
PROS Holdings, Inc. has announced the extension of its strategic partnership with Lufthansa Group, continuing a multi-decade collaboration. This renewed agreement focuses on enhancing commercial offer innovation for Lufthansa Group through advanced AI-powered SaaS solutions for pricing and selling. The partnership aims to eliminate legacy IT barriers, enabling dynamic, optimized offers for travelers, and maximizing revenue performance and market agility.
PROS Announces Investor Conference Schedule for June 2024
PROS Holdings, Inc. announced its schedule for investor conferences in June 2024, where company management will participate. Andres Reiner, President & CEO, and Belinda Overdeput, Head of Investor Relations, will represent PROS at the Stifel 2024 Cross Sector Insight Conference and the Baird Global Consumer, Technology & Services Conference. Live webcasts of these events will be available on the company's Investor Relations page.
Precision Trading with Pros Holdings Inc. (PRO) Risk Zones
This article from Stock Traders Daily discusses precision trading strategies for Pros Holdings Inc. (PRO), utilizing AI models to generate three distinct strategies for different risk profiles and holding periods. It highlights key findings like institutional trading strategies and multi-timeframe signal analysis, and offers real-time signals and personalized alerts to registered users.
The Truth About PROS Holdings Inc: Is This Quiet AI Stock About To Explode?
PROS Holdings Inc (PRO) is an AI pricing and revenue optimization software company operating in the B2B SaaS space. The article explores whether this "quiet" AI stock is poised for growth, highlighting its dynamic pricing engine used by airlines and travel companies, and its recurring revenue model. It differentiates PROS from meme stocks, positioning it as a potential long-term play for investors seeking niche AI SaaS exposure.
Year in Review: AI-focused Pros Holdings going private in Thoma Bravo's $1.4B buyout was a Deal of the Week
Thoma Bravo's $1.4 billion acquisition of AI-focused Pros Holdings was named "Deal of the Week" by the Houston Business Journal. The deal occurred amidst recent leadership changes at Pros Holdings. This article highlights the significance of the private equity buyout.
Pros Completes Acquisition and Exits Public Markets
Pros Holdings, Inc. has been acquired by private equity firm Thoma Bravo, formally concluding its transition to private ownership. Shareholders received $23.25 per share, and the company's stock has been delisted from the NYSE. Pros will be reorganized into two units, with its B2B segment merging with Conga and its travel-related operations becoming an independent platform.
PROS Named a Leader in the IDC MarketScape: Worldwide B2B Revenue and Profit Optimization Platforms 2025-2026 Vendor Assessment
PROS Holdings, Inc. has been recognized as a Leader in the IDC MarketScape: Worldwide B2B Revenue and Profit Optimization Platforms 2025-2026 Vendor Assessment. This recognition highlights PROS's AI-powered SaaS pricing and selling solutions, emphasizing its unified commercial platform, advanced AI capabilities, and real-time pricing engine for profitable revenue growth. The assessment cited PROS's integrated platform, sophisticated AI models, and guaranteed sub-300 millisecond response times for real-time pricing as key strengths.
BlackBarn Capital Partners LP Takes $3.56 Million Position in PROS Holdings, Inc. $PRO
BlackBarn Capital Partners LP has acquired a new position in PROS Holdings, Inc. (NYSE:PRO) during Q2, purchasing 227,387 shares valued at approximately $3.56 million. This investment represents about 0.2% of BlackBarn Capital's portfolio. Other institutional investors have also adjusted their stakes in PROS, with 94.27% of the stock owned by institutional investors and hedge funds overall.
Thoma Bravo Completes Acquisition of PROS Holdings, Inc.
Thoma Bravo has completed its acquisition of PROS Holdings, Inc. for approximately $1.4 billion, delisting PROS stock from NYSE. As part of the acquisition, PROS's travel business will operate as a platform investment under Thoma Bravo, led by Sunil John as CEO, while its B2B business will merge with Thoma Bravo’s portfolio company Conga in Q1 2026. This strategic move aims to accelerate innovation in AI-powered solutions for both the travel and B2B sectors.
Thoma Bravo Completes Acquisition of PROS Holdings, Inc.
Thoma Bravo has completed its acquisition of PROS Holdings, Inc. for approximately $1.4 billion, with PROS shareholders receiving $23.25 per share. PROS' common stock has ceased trading on the NYSE. The acquisition strategically divides PROS into two entities: PROS Travel will operate as a platform investment under Thoma Bravo, led by Sunil John, while PROS' B2B business will merge with Thoma Bravo's existing portfolio company, Conga, in the first quarter of 2026.
Thoma Bravo Completes Acquisition of PROS Holdings, Inc.
Thoma Bravo has finalized its acquisition of PROS Holdings, Inc. in an all-cash deal valued at approximately $1.4 billion. As part of this acquisition, PROS' travel business will operate as a platform investment under Thoma Bravo, while its B2B business will merge with Thoma Bravo's portfolio company, Conga. Sunil John will lead PROS Travel as CEO, focusing on innovation in the airline industry.
Formula Growth Ltd. Invests $1.57 Million in PROS Holdings, Inc. $PRO
Formula Growth Ltd. has acquired a new stake of 100,000 shares in PROS Holdings, Inc. worth approximately $1.57 million, representing about 0.21% ownership. Institutional investors collectively own 94.27% of PROS stock, with significant increases from firms like EVR Research and Marshall Wace. Despite a recent EPS beat, PROS missed revenue consensus, and analyst sentiment remains cautious with a "Hold" rating and a $21.65 price target.
PROS Holdings, Inc. $PRO Shares Sold by Brown Advisory Inc.
Brown Advisory Inc. decreased its stake in PROS Holdings, Inc. by 12.5% in the second quarter, selling over 272,000 shares but still retaining a significant holding valued at almost $30 million. The company has received multiple analyst downgrades, resulting in a consensus "Hold" rating, despite exceeding EPS estimates in its last quarterly report. Several other institutional investors have modified their positions in PROS, with some increasing and others decreasing their holdings.
PRO: Pending Buyout And Stable Margins Will Shape Future Outlook
Analysts have slightly raised their price target for PROS Holdings to $25.60, primarily due to fine-tuned assumptions around a higher discount rate and minor adjustments to long-term earnings multiples, while core growth and margin expectations remain stable. This update follows the announcement that Thoma Bravo, L.P. will acquire PROS Holdings for approximately $1.3 billion, valuing the company at $23.25 per share, with the deal expected to close in Q4 2025. The acquisition will result in PROS delisting from the NYSE and its business segments being integrated into Thoma Bravo's portfolio, with the travel business operating standalone and the B2B business combining with Conga.
Brown Capital Management LLC Reduces Stock Position in PROS Holdings, Inc. $PRO
Brown Capital Management LLC has decreased its stake in PROS Holdings, Inc. by 14.9% in the second quarter, now holding 527,485 shares valued at $8.26 million. Analysts have a cautious "Hold" rating on PROS with an average price target of $21.65, despite the company beating EPS estimates but slightly missing revenue targets in its latest earnings report. The stock has a market capitalization of $1.12 billion and approximately 94% institutional ownership.
XTX Topco Ltd Invests $801,000 in PROS Holdings, Inc. $PRO
XTX Topco Ltd recently invested $801,000 in PROS Holdings, Inc. by acquiring 51,120 shares, representing 0.11% of the company, while institutional investors own approximately 94.27% of the stock. PROS reported strong quarterly EPS but slightly missed revenue estimates, and the stock a negative P/E ratio of -74.92. Analyst sentiment for PROS is cautious, with a consensus "Hold" rating and a target price of $21.65, following recent downgrades.
PROS Holdings Announces Merger with Portofino Parent
PROS Holdings, Inc. announced supplemental disclosures regarding its merger with Portofino Parent, LLC. The merger will make PROS Holdings a subsidiary of Portofino Parent, and despite two lawsuits alleging insufficient disclosures, the company believes the allegations lack merit and will supplement the disclosures. A special stockholder meeting is scheduled for December 4, 2025.
PROS Holdings updates investors on antitrust clearance for merger
PROS Holdings, Inc. announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its merger with Portofino Parent, LLC expired on November 24, 2025. This satisfies a key regulatory condition for the merger, which is still expected to close in the fourth quarter of 2025, pending approval by PROS stockholders and other customary conditions. The company highlighted that this update confirms regulatory progress without altering the economic terms of the deal.
Pros Holdings Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PROS Holdings, Inc. - PRO
Kahn Swick & Foti, LLC (KSF), led by Former Attorney General of Louisiana Charles C. Foti, Jr., Esq., is investigating the proposed sale of PROS Holdings, Inc. (NYSE: PRO) to Thoma Bravo for $23.25 per share in cash. KSF is evaluating whether this consideration adequately values the company and if the sales process was fair. Shareholders are invited to contact KSF to discuss their legal rights regarding the transaction.
PROS Holdings, Inc. Reports Third Quarter 2025 Financial Results
PROS Holdings, Inc. (NYSE: PRO) announced strong financial results for the third quarter ended September 30, 2025, with subscription revenue growing 13% year-over-year to $76.0 million and total revenue increasing 11% to $91.7 million. The company's total gross margin expanded by approximately 300 basis points to 69%, with non-GAAP total gross margin reaching 71%. Additionally, PROS highlighted its pending acquisition by Thoma Bravo for approximately $1.4 billion, expected to close in Q4 2025.
PROS Holdings to Be Acquired by Thoma Bravo in $1.4 Billion All-Cash Deal - Global Legal Chronicle
PROS Holdings, a provider of AI-powered SaaS pricing and selling solutions, is set to be acquired by Thoma Bravo in an all-cash deal valued at $1.4 billion. DLA Piper advised PROS Holdings, Inc., while Kirkland & Ellis represented Thoma Bravo in the transaction. The full details of the acquisition are accessible to Standard 1 Year members of Global Legal Chronicle.
Thoma Bravo and PROS Holdings, Inc. Announce Strategic Plans for PROS Business Segments
Thoma Bravo and PROS Holdings, Inc. announced their strategic plans following Thoma Bravo's acquisition of PROS, expected to close in Q4 2025. Thoma Bravo intends to operate PROS' travel business as a separate platform investment, while integrating PROS' B2B segment with its existing portfolio company, Conga. This move aims to enhance specialized services and accelerate growth in both the travel and B2B sectors through focused innovation and expanded solution offerings.
SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of PROS Holdings, Inc. (NYSE: PRO)
Monteverde & Associates PC, a class action firm, has launched an investigation into PROS Holdings, Inc. (NYSE: PRO) regarding its sale to Thoma Bravo. The firm is examining whether the proposed transaction, offering shareholders $23.25 in cash per share, is a fair deal. Shareholders are encouraged to contact the firm for more information.
Thoma Bravo buys PROS for $1.4 billion
Thoma Bravo has acquired PROS Holdings, a pricing and revenue management software company, for $1.4 billion. This marks the third acquisition for Thoma Bravo in under a month, as it previously took Verint and Dayforce private. PROS will continue to advance its agentic AI product plans as a private company, with the aim to be more agile and flexible in investing in innovation.
Thoma Bravo buys PROS for $1.4 billion
Thoma Bravo has acquired PROS Holdings, a pricing and revenue management software company, for $1.4 billion, marking their third such acquisition in less than a month. The deal provides a 42% premium over PROS's recent closing price, enabling PROS to continue advancing its agentic AI product plans with increased flexibility as a private company. PROS CEO Jeff Cotten stated that becoming private will allow them to invest more in innovation and expand their platform.
Thoma Bravo to Buy PROS Holdings in $1.4 Billion Deal
Thoma Bravo is set to acquire PROS Holdings in a deal valued at approximately $1.4 billion. The private equity firm will pay $23.25 per share in cash, representing a substantial 42% premium over PROS Holdings' closing price on the preceding Friday. PROS Holdings, which specializes in AI-powered software-as-a-service pricing and selling solutions, saw its shares rise significantly following the announcement.
Why Is PROS Holdings Stock Rising Today?
PROS Holdings Inc. (PRO) stock is rising due to an agreement to be acquired by Thoma Bravo for approximately $1.4 billion. Thoma Bravo will purchase all outstanding shares at $23.25 per share in cash, a 41.7% premium over the closing price on September 19, 2025. The transaction is expected to close in the fourth quarter of 2025, after which PROS will become a privately held company.
PROS Holdings, Inc. Enters Into Definitive Agreement to Be Acquired by Thoma Bravo
PROS Holdings, Inc. (NYSE: PRO), a leader in AI-powered SaaS pricing and selling solutions, has entered a definitive agreement to be acquired by Thoma Bravo for approximately $1.4 billion in an all-cash transaction. PROS shareholders will receive $23.25 per share, representing a 41.7% premium over its closing price on September 19, 2025. Upon completion, expected in Q4 2025, PROS will become a private company, aiming to accelerate AI innovation, expand market reach, and optimize go-to-market strategies with Thoma Bravo’s support.
Shareholders in PROS Holdings (NYSE:PRO) are in the red if they invested five years ago
PROS Holdings (NYSE:PRO) shareholders have seen a significant 54% decline in their investment over the past five years, despite the company achieving a respectable 7.0% annual revenue growth during the same period. This underperformance suggests that the market has not aligned with the company's business progress, presenting a potential opportunity for investors who find long-term value.
PROS Appoints Todd McNabb as Chief Revenue Officer
PROS (NYSE: PRO) has appointed Todd McNabb as Chief Revenue Officer. McNabb will lead global go-to-market operations and drive revenue growth, leveraging his 25 years of experience in scaling companies. This appointment aims to capitalize on the increasing adoption of AI for operational excellence and profitable growth.
PROS Holdings, Inc. Announces Planned Retirement of President & CEO
PROS Holdings, Inc. announced that its President and CEO, Andres Reiner, plans to retire. Mr. Reiner will stay in his role until a successor is appointed and will serve as an advisor for 12 months thereafter to ensure a smooth transition. The company's Board of Directors is actively searching for a new CEO with the help of an executive search firm.
PROS Holdings, Inc. Announces Date of Second Quarter 2024 Financial Results Release, Conference Call, and Webcast
PROS Holdings, Inc. announced that it will release its second quarter 2024 financial results on Tuesday, July 30, 2024, after market close. The company will host a conference call and webcast on the same day at 4:45 p.m. ET to discuss these results and provide a business outlook. Details for accessing the call and webcast have been provided, along with information for a telephone replay.
PROS Named a Leader in the IDC MarketScape: Worldwide Configure Price Quote (CPQ) Applications for Commerce 2024-2025 Vendor Assessment
PROS Holdings, Inc. has been recognized as a Leader in the IDC MarketScape: Worldwide CPQ Applications for Commerce 2024-2025 Vendor Assessment due to its strong AI leadership, end-to-end platform with advanced pricing, and deep integration with core partners. The report highlights PROS's AI-driven pricing capabilities, self-service environment, and commitment to innovation, particularly its integration with Microsoft Dynamics 365 CRM. This recognition reinforces PROS's strategy to meet evolving market and customer needs by providing efficient and accurate sales processes.
PROS Holdings Appoints Jennifer Biry to Board of Directors
PROS Holdings, Inc. announced the appointment of Jennifer Biry to its Board of Directors as an independent director, effective August 26, 2024. Biry, currently the Chief Financial and Operating Officer for McAfee, brings over 25 years of extensive financial and operational experience to the board. This strategic addition aims to leverage her expertise to enhance PROS's growth and create shareholder value as the company scales its AI-powered SaaS solutions.
FTC probes 8 companies for surveillance pricing practices
The FTC has launched a study into "surveillance pricing" practices, ordering eight companies, including Mastercard and JPMorgan Chase, to provide information on how they use consumer data to set prices. The agency is investigating how targeted pricing products, which use personal data like location and past purchases, affect prices for individual consumers. While no wrongdoing is alleged, FTC Chair Lina Khan expressed concerns about potential privacy risks and exploitation of personal information to charge higher prices.
Pros eyes airlines, B2B growth as Covid-19 pandemic restrictions ease
Pros Holdings Inc. is focusing on growth in the airline and B2B sectors as COVID-19 pandemic restrictions ease, following a recent $90 million deal. The company develops various e-commerce tools including price optimization and revenue management solutions. This strategic push comes after their acquisition of a Miami digital marketing firm.
PROS Acquires Digital Offer Marketing Pioneer EveryMundo
PROS (NYSE: PRO), a provider of SaaS solutions, announced the acquisition of EveryMundo, a digital offer marketing pioneer, for $80 million in cash and approximately $10 million in stock. This acquisition aims to enable brands to broaden their digital reach, deepen customer engagement, and foster direct selling relationships. Both companies highlight the cultural fit and shared vision of transforming brand experiences and disrupting industry paradigms.
Houston tech company to begin build-out of new Upper Kirby headquarters
Pros Holdings Inc., a technology company based in Houston, is set to commence construction on the build-out of its new headquarters in Upper Kirby. This move follows their earlier announcement to relocate to Upper Kirby with a 118,000 square foot lease. Andres Reiner is the president and CEO of Pros Holdings Inc.
Houston tech co. CEO: 'You have to be willing to invest in the community'
The CEO of Houston-based Pros Holdings Inc., Andres Reiner, emphasizes the importance of investing in the community. Pros was the sole software tech company to contribute to the HX Venture Fund, an initiative aimed at attracting early-stage tech firms and venture capitalists to Houston. The article highlights the company's commitment to bolstering Houston's technology scene.
