Fundz

Amex GBT to Acquire Business Travel Solutions Provider CWT for $570 Million

PRIVATEMar 25, 2024

Acquiring Company

American Express Global Business Travel

Acquired Company

CWT

New YorkMinneapolisTravelTravel AgencyLeisureTravelTourism

Description

American Express Global Business Travel (Amex GBT) has agreed to acquire global business travel and meetings solutions provider CWT for $570 million. The acquisition is expected to bring significant value to both companies and expand revenue potential by offering CWT’s customers access to the Amex GBT ecosystem.

Quick answer

American Express Global Business Travel is acquiring CWT for $570 million, announced March 25, 2024. American Express Global Business Travel is based in New York, New York, United States.

How much did American Express Global Business Travel pay for CWT?
The reported deal value is $570 million.
What does American Express Global Business Travel do?
American Express Global Business Travel (Amex GBT) is a leading software and services company for travel, expense, and meetings & events.
Where are American Express Global Business Travel and CWT based?
American Express Global Business Travel is based in New York, New York, United States. CWT is based in Minneapolis, Minnesota, United States.
Who are the decision-makers at American Express Global Business Travel?
Fundz holds 2 contacts at American Express Global Business Travel. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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.

Who to call at American Express Global Business Travel, and when

When American Express Global Business Travel changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

  • An alert the day American Express Global Business Travel raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at American Express Global Business Travel, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at American Express Global Business Travel. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

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.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment American Express Global Business Travel makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

Alisa
Likely contact at this company
••••••••@••••••••

See Alisa's verified email →

Rini
Senior decision-maker at this company
••••••••@••••••••

See Rini's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for American Express Global Business Travel's next move

Learn about Strategic plan

Frequently asked

Who acquired CWT?

CWT was acquired by American Express Global Business Travel, based in New York. The deal was reported on March 25, 2024. 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 March 25, 2024. American Express Global Business Travel (Amex GBT) has agreed to acquire global business travel and meetings solutions provider CWT for $570 million. 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.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.