Acquiring Company
Long Lake Management
Acquired Company
Global Business Travel Group
AssamAssamLeisureTravelTourismTravel AgencyDescription
Long Lake Management has agreed to acquire Global Business Travel Group in an all-cash deal valued at approximately $6.3 billion. The acquisition will result in Global Business Travel becoming a privately held company. This move follows strong financial performance reported by the company.
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Based on deal dataFrequently asked
Who acquired Global Business Travel Group?
Global Business Travel Group was acquired by Long Lake Management, based in Assam. The deal was reported on May 4, 2026. 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 Management is privately held.
When did Long Lake Management acquire Global Business Travel Group?
Long Lake Management's acquisition of Global Business Travel Group was reported on May 4, 2026. Long Lake Management has agreed to acquire Global Business Travel Group in an all-cash deal valued at approximately $6.3 billion. The acquisition will result in Global Business Travel becoming a privately held company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Global Business Travel Group do?
Global Business Travel Group, Inc. is focused on providing business travel services and solutions. They aim to streamline travel management processes for companies. Through technology and expertise, they enhance the travel experience for clients. It is publicly traded (GBTG), operating in Leisure, and is based in Assam.
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