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

Long Lake Management has agreed to acquire American Express Global Business Travel, a business services other company in the United States, for $6.3bn. American Express Global Business Travel provides corporate travel management and expense-related booking services for business travelers, supporting Long Lake Management’s business services M&A strategy. Long Lake Management acquisitions in business services other are aimed at scaling a going private acquisition platform focused on travel services demand. The private equity acquisition is structured as a going private acquisition, with the deal valued at $6.3bn and announced for completion subject to customary conditions.