The Business Spend Management software Coupa to Be Acquired by Thoma Bravo for $8 Billion

SAN MATEO, Calif., Dec. 12, 2022 – Coupa Software (NASDAQ: COUP), a leader in Business Spend Management (BSM), today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm. 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.

Source: Coupa Newsroom