Workday Inks Agreement to Acquire Scout RFP

San Francisco – November 5, 2019 – Cooley advised Workday on its agreement to purchase Scout RFP, a cloud-based platform for strategic sourcing and supplier engagement, for approximately $540 million. Lawyers Jamie Leigh, Garth Osterman and Alexandra Cotter led the Cooley team advising Workday on the agreement.

“Scout RFP is an industry leader that is loved by procurement teams who are undergoing a significant shift to better optimize spend,” Aneel Bhusri, Workday co-founder and CEO, said in a news release. “Together, we will deliver a modern source-to-pay solution that accelerates our momentum in the spend management market and expands how customers can plan, execute, analyze and extend in one system.”

Founded in 2005, Workday is a leading provider of enterprise cloud applications for finance and human resources. It delivers financial management, human capital management, planning and analytics applications designed for the world’s largest companies, educational institutions and government agencies.

With Scout RFP, Workday will provide organizations a comprehensive source-to-pay solution with a best-in-class strategic sourcing offering to transform the procurement organization and deliver better business outcomes.

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Related Contacts
Jamie Leigh Partner, San Francisco
Garth Osterman Partner, San Francisco
Alexandra Cotter Associate, San Francisco
Robert Anton Associate
Michael Wysolmerski Associate, Colorado
TJ Graham Partner, Palo Alto
Mike Faber Senior Counsel, San Francisco
Tanisha A. James Partner, New York
Charles Haley Partner, San Diego
Lisette Sell Special Counsel, San Francisco
Erin Locker Associate, Colorado
Cristina DeBiase Associate, Washington, DC
Daniel Lac Associate, San Diego
Bryan Berman Associate, Colorado
Rubin Waranch Associate
Ross Eberly Associate, Los Angeles
Austin Holt Associate, Los Angeles
Patrick Sharma Associate, Los Angeles
Michael Coburn Associate, New York
Alan Ai Associate, Palo Alto
Rose Legarda Senior Paralegal, Palo Alto