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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