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Amex GBT completes acquisition of CWT

PRIVATESep 02, 2025

Acquiring Company

American Express Global Business Travel

Acquired Company

CWT

New YorkMinneapolisTravelTravel AgencyLeisureTravelTourism

Description

American Express Global Business Travel has completed its acquisition of CWT for approximately $540 million. This acquisition will allow CWT customers to access Amex GBT's suite of travel and expense software solutions. Amex GBT aims to enhance its investment capacity and create shareholder value through this acquisition. The company will provide updated guidance on its next earnings call.

Other recent acquisitions in Travel and Travel Agency

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

American Express Global Business Travel

Location

New York, New York, United States

About

American Express Global Business Travel (Amex GBT) is a leading software and services company for travel, expense, and meetings & events. We have built the most valuable marketplace in travel with the most comprehensive and competitive content. A choice of solutions brought to you through a strong combination of technology and people, delivering the best experiences. With travel professionals and business partners in more than 140 countries, our solutions deliver savings, flexibility, and service from a brand you can trust – Amex GBT.

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Frequently asked

Who acquired CWT?

CWT was acquired by American Express Global Business Travel, based in New York. The deal was reported on September 2, 2025. American Express Global Business Travel (Amex GBT) is a leading software and services company for travel, expense, and meetings & events. American Express Global Business Travel is privately held and operates in Travel.

When did American Express Global Business Travel acquire CWT?

American Express Global Business Travel's acquisition of CWT was reported on September 2, 2025. American Express Global Business Travel has completed its acquisition of CWT for approximately $540 million. This acquisition will allow CWT customers to access Amex GBT's suite of travel and expense software solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CWT do?

CWT is a global business travel and meetings solutions provider with 4,000 customers. It is privately held, operating in Leisure, and is based in Minneapolis.

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