Acquiring Company
Thoma Bravo
Acquired Company
Coupa Software
Foster CityFinancial ServicesSoftwareEnterprise Softwareinformation technology & servicesSaaSDescription
Coupa Software, a leader in Business Spend Management (BSM), today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $8.0 billion. The transaction includes a significant minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). The agreement to be acquired was previously announced on December 12, 2022, and approved by Coupa stockholders at Coupa's Special Meeting of Stockholders held on February 23, 2023.
Quick answer
Thoma Bravo is acquiring Coupa Software, announced February 28, 2023.
- How much did Thoma Bravo pay for Coupa Software?
- The deal value was not disclosed.
- What does Thoma Bravo do?
- Thoma Bravo is one of the largest private equity firms in the world, with more than $83 billion in assets under management as of June 30, 2021.
- Where are Thoma Bravo and Coupa Software based?
- Coupa Software is based in Foster City, California, United States.
- Who are the decision-makers at Thoma Bravo?
- Fundz holds 1 contact at Thoma Bravo. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Thoma Bravo, and when
When Thoma Bravo changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Thoma Bravo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Thoma Bravo, from your own LinkedIn network
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Frequently asked
Who acquired Coupa Software?
Coupa Software was acquired by Thoma Bravo. The deal was reported on February 28, 2023. Thoma Bravo is one of the largest private equity firms in the world, with more than $83 billion in assets under management as of June 30, 2021. Thoma Bravo is privately held and operates in Financial Services.
When did Thoma Bravo acquire Coupa Software?
Thoma Bravo's acquisition of Coupa Software was reported on February 28, 2023. Coupa Software, a leader in Business Spend Management (BSM), today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $8.0 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Coupa Software do?
Coupa is the cloud-based Business Spend Management (BSM) platform that unifies processes across supply chain, procurement, and finance functions. It is privately held, operating in Software, and is based in Foster City.
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