Overview of Transaction

• On January 27, 2022, SAP SE (NYSE: SAP) announced its intent to acquire a majority stake in Taulia, a leading provider of working capital management solutions
• Taulia will operate as an independent company with its own brand in the SAP Group
• Cédric Bru will remain CEO of Taulia; SAP CFO Luka Mucic will become Chairman of the Board
• Founded in 2009, Taulia is recognized for its leading technology and has one of the broadest platform and solution portfolios in the working capital management market; the Company has also built a strong ecosystem of financial partners who provide the necessary funding, including J.P. Morgan, UniCredit and other high-profile banks

Significance of Transaction

• The acquisition of Taulia represents an opportunity to broaden the suite of offerings available through the SAP platform, and furthers SAP’s mission to embed a growing range of financial services into its platform
• SAP will strengthen the integration with Taulia, both for the SAP Business Network and the CFO solution suite, to become the core of SAP’s working capital management portfolio
• Taulia has been an important SAP partner with proven integration into SAP solutions and more than 80% of their customer base runs on an SAP ERP system
• Taulia’s solutions will also continue to be available standalone so that non-SAP customers can continue to benefit from Taulia’s portfolio as they do today

FT Partners' Role

• FT Partners served as exclusive financial and strategic advisor to Taulia on its sale to SAP as well as on prior capital raises
• This transaction highlights FT Partners' deep expertise in the technology-enabled working capital management space and track record of driving highly successful outcomes for leading FinTech companies globally