Just two months after Thoma Bravo’s acquisition closed, Conga announced in February 2026 that it has acquired PROS’ B2B business — including its CPQ, price optimization, and rebate management product lines. This means PROS no longer exists as an independent CPQ vendor; its core B2B offerings are now part of Conga’s portfolio.

This is a significant consolidation event for the CPQ market. If you’re currently a PROS customer, or PROS was on your shortlist, this is a good moment to reassess vendor stability and roadmap continuity under new ownership. Reach out if you’d like help thinking through what this means for your specific situation.