Amex GBT Acquires CWT for Approximately $540–$570 Million

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.

American Express Global Business Travel Acquires Ovation Travel Group

January 21, 2021

Professional Services

American Express Global Business Travel (GBT) has acquired Ovation Travel Group, including its brands such as Lawyers Travel and Chartwell Travel. The deal brings Ovation's high-touch corporate and luxury travel services and ~700 employees into GBT, giving Ovation access to GBT's global reach, technology platform and products; terms were not disclosed.

American Express Global Business Travel (GBT) to Go Public via Business Combination with Apollo Strategic Growth Capital

December 3, 2021

IT Services

American Express Global Business Travel (GBT) entered into a definitive business combination agreement with special purpose acquisition company Apollo Strategic Growth Capital (APSG) to create a large publicly traded B2B travel platform. The transaction is expected to provide up to $1.2 billion of gross proceeds (including an upsized $335 million PIPE) and is anticipated to close in the first half of 2022, subject to customary conditions.

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.

Xtel Communications Acquires Global Telecom (GTB)

December 19, 2022

Telecommunications

Xtel Communications has acquired Global Telecom (GTB), a Maryland-based CLEC and longstanding VoIP/UCaaS provider, expanding Xtel's footprint into the Baltimore–DC–VA region. The acquisition adds GTB's VoIP, UCaaS and managed security capabilities and customer relationships in healthcare, legal and government verticals to Xtel's telecom, cloud and cybersecurity portfolio.

WTW Acquires Global Commercial Credit and ProfitGuard

April 7, 2025

Insurance

WTW (Willis Towers Watson) has acquired Michigan-based Global Commercial Credit (GCC) and ProfitGuard to expand its credit risk and trade credit insurance capabilities within its Willis broking business. The deal strengthens WTW's specialist credit and political risk offering and provides additional credit information and monitoring services to support growth in North America.