TravelPerk Acquires AmTrav to Accelerate U.S. Expansion
June 18, 2024
TravelPerk, the hyper-growth SaaS business travel platform, has acquired Chicago-based AmTrav to deepen its U.S. presence and double its U.S. revenue. The deal is supported by a new $135 million credit facility led by Blackstone Credit & Insurance and Blue Owl Credit, alongside TravelPerk’s recent equity funding, to drive further organic and inorganic growth.
- Buyers
- TravelPerk
- Targets
- AmTrav
- Industry
- Cloud & SaaS
- Location
- Illinois, United States
- Transaction Type
- Buyout
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