TravelPerk Raises $135 Million Credit Facility to Support US Expansion and Acquisitions

TravelPerk Acquires AmTrav, Expands US Market Presence

TravelPerk (Linkedin), a leading global business travel management platform, recently acquired AmTrav to enhance their personalized and productive business travel services. This strategic move not only accelerates TravelPerk's expansion in the US market but also doubles their revenue in the country.

Acquisition Details:

• Acquired Company: AmTrav
• New Offices: Boston, Chicago, Los Angeles, and Miami
• Credit Facility: Up to $135 million

Industry: Software Development

Employee Count: 1001-5000

CEO: Avi Meir (CEO Linkedin)

What TravelPerk needs to buy:

TravelPerk is seeking partnerships with innovative travel technology and service providers to enhance their business travel management platform. They are also looking to establish collaborations with local travel service providers to expand their presence in specific regions. Marketing agencies and sales experts can support TravelPerk in promoting their platform and acquiring new customers.