ThomaBravo Owns Now Coupa/tm5
A few hours after mailing Tomato December Catch-up NL on Dec. 12th, ThomaBravo announced the acquisition of Coupa which includes the German, Swiss, Austria very widely used TMS Bellin tm5.
Coupa is the cloud-based Business Spend Management (BSM) platform that unifies processes across supply chain, procurement, and finance functions.
The private equity firm invests primarily in technology companies and companies in the field of software development. ThomaBravo’s investments comprised approximately 45 companies with combined revenues of over $17 billion in 2021. Collectively the companies employ over 60,000 people.