Thursday, April 5, 2007

PROS Holdings Files For IPO

Houston, Texas-based PROS Holdings filed for an IPO Thursday, saying in a filing with the SEC that it is looking to raise up to $90M in an IPO on the Nasdaq Global Market under the symbol PROZ. The firm is a provider of pricing and revenue optimization software for the enterprise. The firm's IPO is being underwritten by JPMorgan, Deutsche Bank Securities, Jefferies & Company, and Thomas Weisel Partners. The firm is backed by TA Associates and JMI Equity Fund.