M&A  May 8, 2020

Conga plans to keep hiring in Broomfield office after reported $715M merger

BROOMFIELD — Software maker Conga plans to continue hiring in the Denver metro area after it agreed to be acquired by rival Apttus this week.

In an interview Friday afternoon, Bob Pinkerton, Conga chief financial officer, declined to confirm or deny the deal’s $715 million price tag as reported by Bloomberg. However, he said the two companies together are in a far stronger position to compete for a specific cut of the service-as-a-software industry worth between $20 billion to $50 billion.

Apttus’ main products are configure-quote-pricing programs that help sellers manage…

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