Acquisition History / Long Lake Management / Global Business Travel Group, Inc. (Amex GBT)
Long Lake Management Acquires Global Business Travel Group, Inc. (Amex GBT)
Announced May 4, 2026 — $6.30B
What happened
Amex GBT, the world's largest corporate travel platform, agreed on May 4, 2026 to be acquired by Long Lake Management for $9.50 per share in an all-cash $6.3B transaction, with support from General Catalyst and Alpha Wave.
- Acquirer
- Long Lake Management
- Target
- Global Business Travel Group, Inc. (Amex GBT)
- Announced
- May 4, 2026
- Price
- $6.30B
- Industry
- Corporate travel management software and services
- Buyer type
- Strategic acquirer
- Backing investors
- General Catalyst, Alpha Wave
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Long Lake Management acquire Global Business Travel Group, Inc. (Amex GBT)?
Long Lake Management acquired Global Business Travel Group, Inc. (Amex GBT) on May 4, 2026. This was Long Lake Management's 1st publicly tracked acquisition out of 1 we have on record.
How much did Long Lake Management pay for Global Business Travel Group, Inc. (Amex GBT)?
Long Lake Management paid $6.30B for Global Business Travel Group, Inc. (Amex GBT).
What does Global Business Travel Group, Inc. (Amex GBT) do?
Amex GBT, the world's largest corporate travel platform, agreed on May 4, 2026 to be acquired by Long Lake Management for $9.50 per share in an all-cash $6.3B transaction, with support from General Catalyst and Alpha Wave.
What other Corporate travel management software and services companies has Long Lake Management acquired?
Global Business Travel Group, Inc. (Amex GBT) is Long Lake Management's only publicly tracked acquisition in Corporate travel management software and services so far.