in

SoftBank-backed travel tech firm TravelPerk acquires U.S. rival and bags $135 million for expansion

TravelPerk buys US rival AmTrav, raises $135 million from Blackstone, BlueOwl

LONDON — TravelPerk, a European corporate travel booking platform, told CNBC on Tuesday it has acquired Chicago-based startup AmTrav to help further its expansion in the U.S.

AmTrav, which operates in the same space as TravelPerk, will continue to operate under the same brand and its entire team will continue with the business.

To help fund the deal and TravelPerk’s broader expansion efforts, the company also raised $135 million in debt…


Posted by Editor

Attendees of Jersey Pride with their rainbow flags and outfits

This sedate little island just off the coast of France comes alive for Pride

Triple bogey agony for Charley Hull | Tee shot lands SIXTY yards short on par-3

Triple bogey agony for Charley Hull | Tee shot lands SIXTY yards short on par-3