American Express Global Business Travel Acquires Ovation Travel Group

American Express Global Business Travel Agrees to Acquire Egencia from Expedia Group

May 4, 2021

Professional Services

American Express Global Business Travel (GBT) has made a binding offer to acquire Egencia, the corporate travel arm of Expedia Group, bringing Egencia into GBT’s business travel platform. As part of the proposed deal Expedia Group would take a shareholder stake in GBT and enter a long-term commercial agreement to power Egencia, subject to employee consultations and customary regulatory approvals.

Amex GBT Acquires CWT

March 25, 2024

Professional Services

American Express Global Business Travel (Amex GBT), operated by Global Business Travel Group, Inc., agreed to acquire global business travel and meetings solutions provider CWT in a transaction valuing CWT at roughly $540–$570 million on a cash‑free, debt‑free basis. The deal brings CWT’s ~4,000 customers and technology/services into Amex GBT’s software and services ecosystem, and is expected to generate about $155 million of annual run‑rate synergies and expanded investment capacity in travel technology and services.

TicketManager Acquires Ovations (Ovations Management Solutions)

June 3, 2025

Cloud & SaaS

TicketManager acquired substantially all assets of Ovations (Ovations Management Solutions), a corporate ticketing and hospitality platform, adding top-tier enterprise customers and team members to its platform. The deal strengthens TicketManager’s position in corporate ticket and guest management by expanding its customer base and integrating Ovations’ hospitality technology and services.

Oakley Capital Acquires Majority Stake in Globe-Trotter

March 4, 2020

Consumer Products

Oakley Capital has agreed to acquire a majority stake in Globe-Trotter Group, the British luxury luggage maker, from entrepreneur Toshiyasu Takubo, who will retain a minority holding. Oakley said it will back Globe-Trotter’s international expansion and product innovation, leveraging online and offline channels and its consumer-brand expertise to grow the luxury travel luggage business.

Northstar Travel Group Acquires Buying Business Travel from Panacea Media

October 7, 2019

Media & Entertainment

Northstar Travel Group acquired Buying Business Travel from Panacea Media to expand its UK and European presence in the corporate travel media market. The acquisition brings Buying Business Travel's magazine, events and awards portfolio under Northstar's BTN Group to complement Northstar's existing business travel brands and events.

American Express Global Business Travel Acquires AI Messaging Start-up 30SecondsToFly

October 8, 2020

AI & Machine Learning

American Express Global Business Travel (Amex GBT) has acquired AI and messaging start-up 30SecondsToFly to integrate its conversational, AI-powered self-service technology into GBT's mobile and messaging channels. The acquisition (closed October 8) will enhance GBT's traveler messaging and automated servicing capabilities while the 30SecondsToFly AI developers join GBT's technology team; terms were not disclosed.