Paul Hastings Advised CWT US, LLC in Agreement to be Acquired by Global Business Travel Group in $570 Million Transaction

April 11, 2024

Paul Hastings LLP advised CWT US, LLC in connection with the company’s agreement to be acquired by Global Business Travel Group, Inc., a transaction valued at $570 million. Global Business Travel Group, Inc. (NYSE: GBTG) provides business-to-business (B2B) travel platforms in the United States and internationally. The company's platform offers a suite of technology-enabled solutions to business travelers and clients; travel content suppliers, such as airlines, hotels, ground transportation, and aggregators; and third-party travel agencies.  CWT US, LLC is a business-to-business for employees (B2B4E) travel management platform.

Vice Chair of the Securities and Capital Markets practice Chris DeCresce and partners Joseph Opich, Stephen Harris, Suzanne Horne, Allison Miller, Jon Canfield, Camille Paulhac, Joseph Swanson, Jade-Alexandra Fearns, Michael Murray, and Sal Perrotto led the Paul Hastings team, which also included Of Counsel Lawrence Kaplan, Jennifer Riddle, Keith Fujiu, Gary Silber, and Randall Johnston; Senior Counsel Timothy Dickinson; and associates Stephanie Cannuli, Mary Walser, Aashna Parekh, Derek Turnbull, Celina Hong, Juliette Hua, Ryan Poitras, Jason Schechter, Michael Nathin, Jesse Schley, Brianna Sooy, Hunter Nagai, and Danique McGowan.

More information on the transaction can be found here

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