Fenwick Represents Tonkean in Acquisition by Coupa

Fenwick represented Tonkean, an AI-native intake and orchestration platform, in its acquisition by Coupa, a cloud-native, agentic trade network for autonomous spend management.

The acquisition represents a massive step forward in Tonkean’s mission to transform enterprise work and accelerates Coupa’s ambition to power proprietary, two-sided, autonomous workflow automation for global buyers and suppliers. More information can be obtained from Tonkean’s announcement.

The Fenwick transaction team included M&A partner Bomi Lee and associates Jordan Beals, Doo Soo Kim and Morgan Martin; corporate partner Patrick Grilli and associates Tracy Kennberg and Kaylee Johnson; technology transactions partner Julia Arruda and associate Lily Rose Henein; executive compensation and employee benefits partner Marshall Mort and associates Jonathan Stephenson and Justin Flaumenhaft; privacy and cybersecurity partner Ana Razmazma and associate Alyona Eidinger; and tax partner William Skinner and associate Justin Folk.