Coupa Software agrees to be acquired by Thoma Bravo in $6.15 billion cash deal - San Francisco Business Times

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Coupa Software agrees to be acquired by Thoma Bravo in $6.15 billion cash deal - San Francisco Business Times
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San Mateo-based Coupa Software, which sells vendor invoicing and payment software, said the private equity firm Thoma Bravo will pay $81 a share in the deal.

Coupa Software Inc. has agreed to a buyout by Thoma Bravo for $6.15 billion in cash.

Coupa said that the enterprise value of the deal, which includes debt and cash on its balance sheet, is $8 billion.showing a net loss of that it loss of $84.1 million despite a 17% increase in total revenue to $217.3 million. It posted a net loss of about $88 million in the corresponding quarter last year.

 

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