Wolf Theiss advises Coupa on the strategic acquisition of Rossum

Prague, 15 May – Wolf Theiss advised Coupa, the leading platform for autonomous spend management, on its acquisition of Rossum, an AI-first market leader in intelligent document processing (IDP).

Working alongside Kirkland & Ellis, the Wolf Theiss team advised Coupa on Czech law aspects of the transaction relating to the acquisition of Rossum, including conducting an extensive legal due diligence exercise to support the client’s assessment of legal, operational and compliance risks associated with the Czech business. The transaction builds on a longstanding partnership between the two companies and marks a significant step in enhancing Coupa’s AI-driven capabilities across its source-to-pay platform.

Coupa is the leading platform for autonomous spend management. Celebrating its 20th anniversary, Coupa uses its trusted, community-generated, USD 10 trillion dataset to bring evidence-based intelligence and autonomous AI agents to a network of more than 10 million buyers and suppliers on a unified platform. Coupa seamlessly automates the purchasing and transaction process for buyers and suppliers alike, powering the number one business trade network.

Rossum is an AI-first technology company specialising in intelligent document processing (IDP). Its platform uses advanced machine learning and a proprietary transactional large language model to automatically extract, interpret and process data from complex business documents such as invoices, enabling faster workflows, higher accuracy and end-to-end automation for enterprise operations.

The Wolf Theiss team was led by Janka Brezániová (Partner, Corporate/M&A) and further included Barbora Malimánková (Counsel, Real Estate), Ondřej Beneš (Counsel, Employment), Kamila Seberová (Counsel, Intellectual Property), Filip Michalec (Senior Associate, Banking & Finance), Karolína Větrovská (Associate, Corporate/M&A), Nikola Hnojilová (Associate, Employment), Michael Kania (Associate, Banking & Finance) and Dita Šulcová (Tax Consultant).