Business

Thoma Bravo agrees to acquire Coupa Software for $8 billion in the midst of the tech slump

Coupa Software Inc. (COUP.O) announced on Monday that Thoma Bravo, a buyout firm, has agreed to acquire the cloud-based business software company for $8 billion. After losing more than 60% of their value thus far this year, shares of Coupa rose 27% upon hearing about the transaction. Under the terms of the deal, Coupa shareholders […]