Kirkland Advises Thoma Bravo on Definitive Agreement to Acquire PROS Holdings, Inc.

Kirkland & Ellis advised Thoma Bravo, a leading software investment firm, on its definitive agreement to acquire PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, in an all-cash transaction valuing PROS at approximately $1.4 billion. Upon completion of the transaction, PROS will become a private company with the benefit of Thoma Bravo’s operating capabilities, capital support and deep sector expertise, and will be well positioned to continue delivering on key strategic priorities, including advancing AI innovation and agentic intelligence, expanding market reach and optimizing go-to-market execution.

Read the transaction press release

The Kirkland team included corporate lawyers Corey Fox, Brad Reed, Cole Parker and George Boden; debt finance lawyers Brian Ford and Alex Straka; and executive compensation lawyers Michael Falk and Lany Villalobos.