AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Amex GBT Completes Acquisition of CWT, Expands Travel Solutions Portfolio.
ByAinvest
Tuesday, Sep 2, 2025 8:12 am ET1min read
American Express Global Business Travel has completed its acquisition of CWT, a global business travel and meetings solutions provider, for approximately $540 million on a cash-free, debt-free basis. The acquisition adds CWT's customers and employees to Amex GBT's leading software solutions and services for travel, expense, meetings, and events. The acquisition is expected to generate greater investment capacity for Amex GBT's software and services and create significant shareholder value through efficiency gains.
American Express Global Business Travel (Amex GBT) has completed its acquisition of CWT, a global business travel and meetings solutions provider, for approximately $540 million on a cash-free, debt-free basis. The acquisition adds CWT's customers and employees to Amex GBT's leading software solutions and services for travel, expense, meetings, and events. The transaction is expected to generate greater investment capacity for Amex GBT's software and services and create significant shareholder value through efficiency gains.The acquisition was announced in March 2024 and was valued at approximately $540 million. With the close of the acquisition, Amex GBT welcomes CWT's customers and employees to its leading software solutions and services for travel, expense, meetings, and events. Amex GBT's suite of proprietary travel and expense software solutions, including Neo and Egencia, will now be available to CWT's customers. Additionally, CWT customers will benefit from Amex GBT's extensive portfolio of professional services, spanning meeting and events, consulting, and sustainability solutions.
The acquisition is expected to generate approximately $155 million of annual run-rate synergies within three years. Amex GBT's leading business travel marketplace will provide CWT's customers with access to the industry's most comprehensive and competitive travel content. The combined company will provide updated full-year 2025 guidance, including the impact of the acquisition of CWT, on its next earnings call in November.
Amex GBT is a leading software and services company for travel, expense, and meetings & events. With travel professionals and business partners in more than 140 countries, Amex GBT delivers savings, flexibility, and service from a brand that is trusted by businesses worldwide.
[1] https://www.businesswire.com/news/home/20250902624882/en/Amex-GBT-Completes-Acquisition-of-CWT
[2] https://www.travelpulse.com/news/business-travel
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet