Long Lake, one of our very first AI roll ups, has agreed to acquire Amex GBT for $6.3 billion.
@alextaubman had a vision to take durable franchise businesses with decades of customer trust and make them better with AI. In two years: doubled free cash flow in HOA management businesses without reducing headcount. This is Long Lake's 31st acquisition and their first take-private. Congrats Alex and team
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