June 24, 2020

Milbank Advises LEA Partners and Founder on Sale of BELLIN Group to Coupa  

Share

Milbank LLP advised the shareholders of BELLIN Group on the acquisition of BELLIN Group by San Mateo, California-based Coupa Software (NASDAQ: COUP). The parties have agreed not to disclose the purchase price.

The acquisition of BELLIN Group enables Coupa, a leader in Business Spend Management (BSM), to extend its reach into corporate banking and treasury, strengthening Coupa’s position as a comprehensive and indispensable platform for managing business spend. BELLIN will be an integral part of the Coupa platform and positioned as Coupa Treasury Management.

BELLIN Group is a leading global technology provider in the areas of corporate banking and treasury. In addition to its headquarters in Ettenheim, Germany, the BELLIN Group has offices in London, Vancouver, Cambridge, and in Karlsruhe, Germany. Large and mid-sized companies worldwide use BELLIN’s innovative solutions for cash and liquidity management, payment transactions and financial instruments.

LEA Partners is an entrepreneurial-minded, multi-stage private equity firm investing in growth technology companies that are driving transformative change in their industries. Operating out of Karlsruhe, one of Europe's largest technology clusters, LEA Partners has advised on the investment in several technology companies.

Advisor to the shareholders of BELLIN Group: Milbank LLP

Michael Bernhardt (lead), Sebastian Dexheimer, Andreas Rief (all Corporate/M&A, Frankfurt), Matthias Schell, Yasmin Holm (both Tax, Munich), Alexander Rinne, Susanne Schricker (both Antitrust, Munich), Gerrit Merkel, Sebastian Trompler (both Finance, Frankfurt), Robert F. Kennedy, Scott Golenbock, Alexander Shapos (all Corporate, New York), Rod Miller (Capital Markets, New York).