American Express Global Business Travel Acquired by Long Lake | Business Services M&A Deal

Long Lake has acquired American Express Global Business Travel, a business services other business in New York, for $6.3 billion. American Express Global Business Travel provides corporate travel management services for enterprises, supporting bookings, expense workflows, and traveler programs. Long Lake acquisitions in business services M&A aim to expand a platform acquisition in corporate travel, leveraging scale and technology to serve large client travel needs. The private equity acquisition is announced and backed by General Catalyst and Alpha Wave, positioning the deal as a platform acquisition in business services other.