Coupa Buys Yapta, Which Was Part-Owned By Concur

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.

"Based on our . . .

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Jay Campbell

Author: Jay Campbell

Jay Campbell in 2004 created travel business newsletter The Beat, in 2006 co-founded Travel Procurement magazine and in 2010 integrated them with Business Travel News. He served as editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University.
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