#Conga repair software

This broadened its footprint beyond the original Salesforce-native Conga Composer, which connects data from Salesforce into automated document creation and workflows.ДЇirst came an expansion into traditional contract lifecycle management (CLM) with the acquisition of Novatus in 2016. While the merger with Conga is the first acquisition Apttus has made, Insight had overseen a number of acquisitions at Conga. Insight remains an investor in the combined venture, which takes the Conga name and will be led by Frank Holland, brought in as CEO of Apttus after the Thoma Bravo takeover. Now Thoma Bravo, the private equity investor whose intervention in September 2018 snuffed out Apttus's dreams of a blockbuster IPO, has snapped up Conga too, which had been acquired by private equity investor Insight Venture Partners in April 2015. Conga and Apttus each proved the truth of that early boast, initially bootstrapping their businesses until they separately reached a size that attracted external investment.

#Conga repair software

The combined business becomes one of the biggest players in the Salesforce ecosystem, claiming more than 10,000 enterprise and mid-market customers who bring in annual revenues of $400 million - and adds a new twist to an already tortuous history.ДЄpttus and Conga can both trace their stories back to the earliest days of Salesforce AppExchange, when the cloud CRM giant first boasted that a new generation of software companies would build their offerings natively on its platform. Two of Salesforce's earliest ISV partners joined forces last week when quote-to-cash vendor Apttus acquired contract lifecycle management specialist Conga in a deal said to be valued at $715 million.