Coupa acquired Yapta, the thirteen-year-old hotel and airfare price assurance firm named for "Your Amazing Personal Travel Assistant." Yapta had raised more than $25 million between 2007 and 2015, including several million from SAP Concur and $2 million from Amadeus Ventures.

Evercore ISI equities analyst Peter Levine made a "very rough" estimate for the value of the "all-cash" deal at $90 million to $110 million. This was based on an assumption that Yapta generates about $10 million to $14 million in annual revenue. The companies did not disclose terms. [UPDATE: Coupa revealed in its . . .

The full content is available to subscribers

Follow
Notify of
0 Comments