M&A Deal Summary

Coupa Acquires Hiperos

On December 10, 2018, Coupa acquired software company Hiperos from Opus Global Holdings

Acquisition Highlights
  • This is Coupa’s 6th transaction in the Software sector.
  • This is Coupa’s 8th transaction in the United States.
  • This is Coupa’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2018-12-10
Target Hiperos
Sector Software
Buyer(s) Coupa
Sellers(s) Opus Global Holdings
Deal Type Divestiture

Target

Hiperos

Southborough, Massachusetts, United States
Hiperos LLC is a third-party risk management provider. Hiperos’s cloud application enables businesses to actively manage third-party risk and compliance, including advanced risks such as information security, bribery and corruption, and demanding new data privacy regulations like the General Data Protection Regulation (GDPR). Hiperos LLC was founded in 2007 and is based in Southborough, Massachusetts.

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Buyer(S) 1

Buyer

Coupa

Foster City, California, United States

Category Company
Founded 2006
Sector Internet Software and Services
Employees3,076
Revenue 725M USD (2022)
DESCRIPTION

Coupa is a cloud-based Business Spend Management (BSM) platform that unifies processes across supply chain, procurement, and finance functions. Coupa was founded in 2006 and is based in Foster City, California.


DEAL STATS #
Overall 13 of 19
Sector: Software M&A 6 of 10
Type: Divestiture M&A Deals 1 of 1
State: Massachusetts M&A 1 of 2
Country: United States M&A 8 of 11
Year: 2018 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-15 Aquiire

Cincinnati, Ohio, United States

Aquiire, Inc. is a provider of an intelligent and intuitive real-time procurement shopping, guided buying, business intelligence and supplier management tools in the industry. Aquiire was founded in 2000 and is based in Cincinnati, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-16 Exari Group

Boston, Massachusetts, United States

Exari Group, Inc. provides a comprehensive Enterprise Contract Lifecycle Management platform, used every day by market-leading companies to understand all aspects of their contract ecosystem worldwide. Exari Group, Inc. was founded in 2000 and is based in Boston, Massachusetts.

Buy -

Seller(S) 1

SELLER

Opus Global Holdings

Palo Alto, California, United States

Category Company
Sector Financial Services
DESCRIPTION

Opus Global is a company focused on acquiring promising businesses across certain segments of the financial technology industry. Opus Global will seek to execute a transformative strategy of value creation, including the development of international sales channels and opportunistic consolidation of products and services within fragmented markets.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-30 Alacra

New York, New York, United States

Alacra, Inc. is a provider of Know Your Customer (KYC), Anti-Money Laundering (AML) and Reference Data business information solutions.

Buy -