Deals
Thoma Bravo Wins Battle for Coupa in $6.2 Billion Deal
- The deal also includes minority investment from Abu Dhabi
- Acquisition caps off a year of sizable deals for Thoma Bravo
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Thoma Bravo LLC agreed to acquire Coupa Software Inc. for an equity value of $6.2 billion after outbidding Vista Equity Partners.
The acquisition of Coupa caps off a year of sizable take-private deals for Thoma Bravo, including Anaplan Inc., Sailpoint Inc. and Ping Identity. It beat out Vista, another technology-focused private equity firm, which had also been in talks to buy Coupa.