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Croatia’s Tech M&A News

Cirtuo Joins Forces with Coupa in Strategic AI-Powered Procurement Deal

We are pleased to announce that our colleagues from Ilej & Partners, in cooperation with Karanović & Partners, Senior Partner Goran Ilej and Senior Associate Antun Skansi, have advised Cirtuo, a leader in AI-powered category management software, in connection with its acquisition by Coupa, a global leader in business spend management.

With this transaction, Coupa expands its capabilities in strategic sourcing by integrating Cirtuo’s advanced AI technology, empowering procurement teams worldwide to drive greater value.

The buy-side was advised by Kirkland & Ellis and Wolf Theiss, while financial advisors to Cirtuo were Kaizen Institute of Finance.

Cirtuo, headquartered in Croatia, has been a pioneer in transforming category management with AI since 2014. Its proprietary platform helps procurement professionals move from reactive purchasing to strategic decision-making, combining deep procurement knowledge with cutting-edge AI tools.

 

The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.