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Thoma Bravo: Buys Coupa Software for $8 billion in cash

Thoma Bravo: Buys Coupa Software for $8 billion in cash

  • Thoma Bravo is one of the largest private equity firms in the world, with more than $120 billion in assets
  • Coupa is the cloud-based BSM platform that unifies processes across the supply chain, procurement 
  • This is an all-cash transaction with an enterprise value of $8.0 billion
  • Upon completion of the transaction, Coupa will become a privately held company
  • The transaction includes a significant minority investment from a wholly-owned subsidiary of the ADIA
  • The transaction consideration also represents a premium of approximately 64% to the volume-weighted average closing price of Coupa stock
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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