Pros Holdings, INC
Market Movers (8-K)
PROS Holdings, Inc. has been acquired by Thoma Bravo for $23.25 per share in cash, leading to its delisting from the NYSE and strategic restructuring of its businesses.
Capital raise
PROS Holdings, Inc. has voluntarily supplemented its definitive proxy statement for the upcoming merger with Portofino Parent, LLC, in response to stockholder lawsuits alleging disclosure deficiencies.
Delay expected
PROS Holdings, Inc. announced the expiration of the HSR Act waiting period for its merger with Portofino Parent, LLC, moving closer to a Q4 2025 completion.
PROS Holdings announced robust third-quarter 2025 financial results, including 13% subscription revenue growth, while reiterating its pending $1.4 billion acquisition by Thoma Bravo.
Better than expected
Thoma Bravo announced strategic plans for PROS Holdings, Inc. following its acquisition, splitting the company's travel and B2B segments.
Better than expected
PROS Holdings, Inc. has entered into a definitive agreement to be acquired by investment funds affiliated with Thoma Bravo, L.P. for $23.25 per share in cash.
Capital raise
Quarterly Earnings (10-Q)
PROS Holdings reports strong Q3 2025 revenue growth and improved profitability metrics as it moves towards a $23.25 per share acquisition by Thoma Bravo.
Capital raise
Better than expected
10-Q: PROS Holdings Reports Strong Subscription Revenue Growth and Improved Profitability in Q2 2025
PROS Holdings, Inc. announced an 8% increase in total revenue for the second quarter of 2025, driven by 12% growth in subscription revenue, alongside improved gross profit margins and reduced net loss.
Better than expected
Capital raise
PROS Holdings saw a 10% increase in subscription revenue and a significant reduction in loss from operations in Q1 2025.
Better than expected
PROS Holdings saw a 12% increase in subscription revenue and improved profitability metrics in the third quarter of 2024.
Better than expected
PROS Holdings saw a 14% increase in subscription revenue and improved profitability metrics in the second quarter of 2024.
Better than expected
PROS Holdings saw a 10% increase in total revenue and a 15% increase in subscription revenue in the first quarter of 2024, despite a challenging macroeconomic environment.
Better than expected
Annual Reports (10-K)
PROS Holdings, Inc. announces a 14% increase in subscription revenue and improved operating efficiency in its 2024 annual report.
Better than expected
PROS Holdings, Inc. reports a 10% increase in total revenue and a 15% increase in subscription revenue for 2023, alongside a focus on profitable growth and AI-driven solutions.
Better than expected
Insider Trading (Form 4)
PROS Holdings Director Catherine Lesjak disposed of common stock and restricted stock units totaling 39,365 shares at $23.25 per share due to a merger.
PROS Holdings Director Katie May disposed of common stock and restricted stock units for cash at $23.25 per share in connection with a merger agreement.
PROS Holdings Director Greg Petersen disposed of all common stock and restricted stock units at $23.25 per share due to a merger agreement.
PROS Holdings Director Raja Hammoud disposed of all common stock and restricted stock units following the company's merger agreement for $23.25 per share.
A director of PROS Holdings, Inc. disposed of all common stock and restricted stock units at $23.25 per share due to a merger agreement.
PROS Holdings Director Leland Jourdan disposed of all common stock and restricted stock units as part of the company's merger agreement, receiving $23.25 per share.
Proxy Statements (Def-14A)
PROS Holdings, Inc. has filed supplemental disclosures to its definitive proxy statement for its upcoming merger with Portofino Parent, LLC, addressing shareholder litigation and demand letters.
Delay expected
PROS Holdings, Inc. announced the expiration of the HSR Act waiting period for its merger with Portofino Parent, LLC, moving closer to a Q4 2025 completion.
PROS Holdings, Inc. stockholders are set to vote on a $23.25 per share all-cash merger with Thoma Bravo, representing a significant premium over recent trading prices.
Capital raise
Better than expected
PROS Holdings announces post-acquisition plans by Thoma Bravo to split its business, running Travel as standalone and merging B2B with Conga for an integrated AI-powered platform.
Better than expected
Capital raise
Thoma Bravo announced strategic plans for PROS Holdings, Inc. following its acquisition, intending to operate the travel business as a standalone platform and merge the B2B segment with Conga.
Better than expected
Capital raise
PROS Holdings, a leading AI-powered pricing and selling technology provider, has agreed to be acquired by software investment firm Thoma Bravo for $23.25 per share in cash, valuing the company at approximately $1.4 billion.
Better than expected
Capital raise
Schedule 13G - Passive Investments
RGM Capital, LLC has filed an amended Schedule 13G, reporting a 0.0% beneficial ownership in PROS Holdings, Inc. common stock.
Worse than expected
Glazer Capital and Paul J. Glazer report ceasing beneficial ownership of over 5% of PROS Holdings, Inc. common stock.
Alyeska Investment Group, L.P. and its affiliates reported a beneficial ownership of 2.97% of PROS Holdings, Inc. common stock as of September 30, 2025.
EVR Research LP and EVR Master Fund, LP have disclosed a 4.1% beneficial ownership stake in PROS Holdings, Inc., totaling 2 million shares.
Bank of Nova Scotia has reported a beneficial ownership of 5.18% in PROS Holdings, Inc., holding 2,591,261 shares of common stock as of September 30, 2025.
Alyeska Investment Group, L.P. and affiliates reported a 6.91% beneficial ownership stake in PROS Holdings, Inc., totaling 3,304,844 shares.