Engine Acquires Options Travel, Aiming for Larger Corporate Accounts with $408M Gross Sales Volume Integration
🚀 Engine, a Denver-based startup, is acquiring Options Travel, a U.S. travel management company with ~$408M in gross sales volume last year, to expand into larger corporate accounts. The acquisition will enhance Engine's AI-native online booking tool, integrating GDS content and preserving rate codes. Supported by Permira, Blackstone, and Telescope Partners, with 300 engineers, Engine aims to modernize corporate travel processes, hinting at a potential IPO or sale.
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