Amex GBT Press Room·· 2026-05-04
Long Lake to Acquire Amex GBT for $6.3 Billion
Long Lake Agrees to Acquire American Express Global Business Travel, the World’s Largest Corporate Travel Platform, for $6.3 Billion, With Support From General Catalyst and Alpha Wave
AI Overview
American Express Global Business Travel (Amex GBT) has announced a definitive agreement to be acquired by Long Lake Management for $9.50 per share in cash, valuing the company at approximately $6.3 billion. The transaction is supported by investors including General Catalyst and Alpha Wave, and is expected to close in the second half of 2026. Amex GBT will become a private company, and the American Express brand licensing agreement will remain in place.
Source:Amex GBT Press Room · investors.amexglobalbusinesstravel.com