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Financial Advisor to American Travel Solutions, LLC

  • Oppenheimer & Co. Inc.
  • June 20, 2024
Oppenheimer & Co. Inc acted as Financial Advisor to American Travel Solutions, LLC on its Acquisition by TravelPerk, Inc.

American Travel Solutions, LLC (“AmTrav”) is an award-winning, modern business management platform designed to make business travel personal and productive. Companies of all sizes use AmTrav to book trips, find savings, set travel policies, manage payments and expenses, and keep their travelers safe. Travelers and companies love AmTrav's powerful platform that provides a seamless travel management experience supported by our experts who are always ready to help 24x7. More than 1000 businesses trust AmTrav to go places, meet people, and go further.

TravelPerk is a hyper-growth SaaS business travel platform and a pioneer in the future of business travel. Its all-in-one platform gives travelers the freedom they want whilst providing companies with the control they need. The result saves time, money, and hassle for everyone. TravelPerk has industry-leading travel inventory alongside powerful management features, 24/7 customer support, state-of-the-art technology, and consumer-grade design, all of which enable companies and organizations worldwide. TravelPerk is reinventing business travel with an end-to-end solution that works.

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all fig tombstones

Both platforms will capitalize on proprietary tech, AI capabilities, and expanded resources to further expand in the US - a market valued at $329 billion in business travel spend in 2023, according to the GBTA.

The acquisition will see TravelPerk double its revenue in the US, following 65% year-over-year growth in the market in 2023. TravelPerk’s US-based headcount and footprint expands to now include offices in Boston, Chicago, Los Angeles and Miami. AmTrav will operate under the same brand, and the entire team will continue with the business going forward.


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