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Long Lake to acquire American Express GBT for $6.3B
PRIVATEAug 04, 2026•4 days ago
Acquiring Company
Long Lake Management
Acquired Company
American Express Global Business Travel
AssamNew YorkTravel
Description
Long Lake Management has agreed to take American Express Global Business Travel private for $6.3 billion. This acquisition is backed by General Catalyst and Alpha Wave, marking it as the largest deal of its kind to date. Long Lake plans to utilize its Nexus AI platform to enhance operations while maintaining American Express' brand licensing. This merger exemplifies the growing trend of integrating AI into business travel management.
Company Information
Company
Long Lake Management
Location
Assam, India
About
Long Lake Management is an investment firm that focuses on private equity and infrastructure investments. The firm aims to generate superior risk-adjusted returns through strategic investments. Long Lake specializes in partnering with growth-oriented businesses.
Assam
New YorkTravel