Thoma Bravo completed the acquisition of Coupa Software for $8bn.

Thoma Bravo, a private equity firm, completed the acquisition of Coupa Software, a cloud platform for business spend management, with participation from General Atlantic, an American growth equity firm, for $8bn. "This is an important milestone for Coupa, underscoring our market-leading position and the value we're co-creating with our customer community. Thoma Bravo shares our vision and brings strategic and operational expertise. This move is an opportunity for us to strengthen our business fundamentals and continue delivering leading-edge innovation on our platform," Rob Bernshteyn, Coupa Chairman and CEO.