Apttus and Conga Joing Together

SAN MATEO, Calif., May 7, 2020 /PRNewswire/ — Apttus, the leader in quote-to-cash (QTC) solutions, and Conga, the leader in Digital Document Transformation today announced the two companies are joining forces to create the leader in digital transformation for commercial operations. The transaction creates a leader in mission critical business process solutions, allowing both small and large enterprises to modernize revenue generation and manage key relationships. The go-forward company will operate under the Conga brand.

The new company combines two SaaS leaders with roughly $400 million in GAAP revenue spread across a unique product portfolio that includes Configure-Price-Quote (CPQ), Contract Lifecycle Management (CLM), Document Generation, Process Automation and eSignature. Together, the new Conga is poised to provide the most complete offering in the market to digitally transform the foundational elements of business — documents like quotes, contracts and the processes that surround them — to achieve commercial excellence.

Conga’s end-to-end solution will empower organizations to revolutionize business operations, streamline workflows and deliver documents more effectively in the changing digital economy. Conga will set the standard for how companies — including its now well over 10,000 enterprise and mid-market customers — will operate their business to be ready for the challenges of tomorrow.

Digital transformation paves the way for commercial excellence
At a time when digital transformation is more important than ever, many organizations struggle to effectively manage the foundational elements of business, resulting in customer experiences that are inefficient and disjointed. The new Conga’s comprehensive product set and expertise will help businesses drive revenue generation, manage key relationships and ensure faster, smarter sales cycles to create better, more efficient buying experiences that match the speed of their customers.

Frank Holland, previously the Chief Executive Officer of Apttus, will lead the go-forward company as Chief Executive Officer and Matthew J. Schiltz, former Chief Executive Officer of Conga, will join the company’s Board of Managers. Nikitas Koutoupes, Managing Director at Insight Partners, the majority stakeholder in Conga, will also join the Board of Managers. Thoma Bravo remains the lead strategic investor and Insight Partners will retain a material ownership stake in the company and remain an active partner. The executive team will consist of individuals from both companies.

Deutsche Bank Securities Inc. served as the Direct Lending Financing Provider and exclusive M&A advisor and Kirkland & Ellis served as legal advisor for Apttus. Qatalyst Partners served as exclusive financial advisor and Willkie Farr & Gallagher as legal advisor to Conga.

Supporting Quotes:

“Apttus and Conga are people-first businesses with core values that fit together seamlessly, and both are fueled by an inherent drive to succeed. Combined, we’ll continue to deliver the same dedication to customer service, innovation and culture as we have in the past. Our mission remains resolute — to ensure customer success and unmatched world-class products and services. Now, we’ll do it together.” — Frank Holland, Chief Executive Officer, Conga

“Digital transformation is critical to long-term success. Today marks the beginning of an incredible journey for Conga, our customers, partners and employees. Together as Conga, we’ll be able to provide a complete digital transformation solution for commercial excellence to meet our clients’ needs today, paired with unparalleled partnership to guide them to where they need to be tomorrow.” — Matthew J. Schiltz, [Board of Managers, Conga]

“The combination of Apttus and Conga, two leaders in business process transformation, creates a new company with significant scale, a unique set of complementary product offerings and a highly skilled management team with an impressive track record of success.  We are excited to continue our partnership with Frank Holland and the combined senior leadership team, and look forward to supporting the go-forward company’s aggressive growth aspirations.” — Holden Spaht, a Managing Partner at Thoma Bravo

About Apttus
Apttus is a global provider of the leading Middle Office platform that allows enterprises to automate and optimize their most critical revenue and commercial relationship management processes. Analysts rank Apttus as the global gold standard for Quote-to-Cash (QTC), Configure, Price, Quote (CPQ), and Contract Lifecycle Management (CLM) solutions. Apttus partners with a world-class ecosystem.  Apttus customers include hundreds of the world’s largest organizations and the who’s who of the Global 1000.

About Conga
Conga continually sets the standard for Digital Document Transformation (DDX). The Conga DDX Suite transforms day-to-day business by creating, managing and unleashing the power of everyday documents for organizations in 85 countries including AWS, GE, Hilton Worldwide and Salesforce. The company is privately-held and based in Broomfield, Colo. with global operations across North America, Europe and Australia. Learn more at www.conga.com or follow Conga on Twitter: @getconga.

Author: Martin

192 thoughts on “Apttus and Conga Joing Together

  1. Hey I know this is off topic but I was wondering if you knew of any widgets I could add to
    my blog that automatically tweet my newest twitter updates.
    I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have
    some experience with something like this. Please let me know if you run into
    anything. I truly enjoy reading your blog and I look forward to your new updates.

    Here is my web site; CBDFlow

  2. I am only writing to make you know of the fine discovery my wife’s girl
    had going through your blog. She learned a wide
    variety of pieces, which include how it is like to
    possess an awesome teaching mindset to get many more with no
    trouble completely grasp a variety of tortuous subject areas.

    You actually did more than visitors’ expectations.
    Thank you for producing these interesting, safe, revealing and fun tips on your topic to Evelyn.

    Also visit my page – Pharma Labs Keto

  3. I’m gone to say to my little brother, that he should also pay a quick
    visit this blog on regular basis to take updated from newest gossip.

  4. Have you ever thought about writing an e-book or guest authoring on other websites?
    I have a blog based upon on the same subjects you discuss and would really like to have you share some stories/information. I know my readers would value your work.
    If you are even remotely interested, feel free to send me an email.

    My blog Divine Dynamic Keto Pills (

Leave a Reply

Your email address will not be published.