Global law firm Freshfields has advised Coupa, the leading AI platform for total spend management, on its agreement to acquire Scoutbee, a leading AI-powered supplier discovery platform and network. The deal is expected to close within Coupa's fiscal quarter.

By integrating Scoutbee's AI-powered search, rich supplier network and dataset, and collaboration tools with the Coupa platform and network of 10M+ buyers and suppliers, businesses worldwide will benefit from greater transparency and efficiency in supplier discovery, onboarding, and transactions.

Scoutbee's platform helps businesses better understand their suppliers, instantly identify new suppliers that meet their criteria, and make more intelligent, profitable decisions – simplifying and accelerating the process of working with new suppliers. It also helps suppliers grow their revenue by reaching new business partners, simplifying the verification process, and accelerating contract closures.

The Freshfields team consisted of:

Lead: Partner Lars Meyer, Counsel Laura Frühauf, Associate Faras Mirhoseiny (Berlin/Frankfurt, all Corporate/M&A)

Partners: Theresa Ehlen (IT/Data Protection, Düsseldorf), Judith Römer (Employment, Hamburg), Alexander Schwahn (Tax, Hamburg), Frank Röhling (Antitrust, Berlin), Sarah Ghulamhussain (Employment, Silicon Valley)

Counsel: Alexander Pospisil (Finance, Frankfurt/Berlin), Mariusz Motyka-Mojkowski (Antitrust, Berlin)

Associates: Jan Kothe (Tax, Hamburg), Christian Müller (Tax, Düsseldorf), Iris Amschl (IP, Wien), John-Markus Maddaloni, Hanna Hoffmann (both IP, Düsseldorf), Severin Pretzel (Employment, Hamburg)