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Stock impact report

TravelPerk acquires AmTrav to accelerate US expansion and announces new $135m backing from Blackstone and Blue Owl [Yahoo! Finance]

Heartcore Enterprises, Inc. (HTCR) 
Company Research Source: Yahoo! Finance
AmTrav's highly localized tech platform doubles TravelPerk's US revenue and expands its footprint to include offices in Boston, Chicago, Los Angeles and Miami TravelPerk has raised $240m of capital in 2024 from leading investors Blackstone, Blue Owl, and SoftBank Vision Fund 2 BARCELONA & CHICAGO, June 18, 2024 BUSINESS WIRE TravelPerk , the hyper-growth global business travel management platform, announced today its acquisition of the industry-leading United States company AmTrav, doubling down on its expansion in the US. Chicago-based AmTrav , founded by two friends in their University of Michigan dorm room, has been at the forefront of innovation and thought leadership in the business travel space for the past 30 years, achieving many "firsts". It offers a highly localized, tech-first platform for modern SMB and Mid-Market companies, loved by thousands of customers. Both platforms will capitalize on proprietary tech, AI capabilities, and expanded resources to further expan Show less Read more
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