POTENTIAL DEAL DETAILS
Stock | Coupa Software Incorporated | Symbol | COUP |
Date Announced | 11/23/2022 | Source | Bloomberg |
Type | News Report |
Date of Confirmation: | 12/12/2022 | Price at Confirmation: | $78.65 |
Potential Profit: | 33.46% | Annualized Profit: | 642.85% |
Vista Equity Partners is exploring an acquisition of Coupa Software (COUP) according to people familiar with the matter.
Update(s):
December 2, 2022: According to a 13D filing, Meritage Group, which owns 5.3% of Coupa (COUP), contacted the software company to express its views on a potential transaction and the price per share that they believe will be in the shareholders ’ best interests.
December 5, 2022: HMI Capital Management, (which owns 4.8% of Coupa (COUP)), stated in a letter to Coupa’s board that it will not support a deal unless it is at the right price and follows a sale process.
December 11, 2022; Thoma Bravo LLC is in advanced talks to acquire Coupa Software (COUP) after outbidding Vista Equity Partners, according to people familiar with the matter.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.