American Express Global Business Travel (GBT) has successfully completed the acquisition of Egencia, the digital travel management platform. As part of the transaction, Expedia Group, former parent of Egencia, has become a shareholder in GBT. Expedia has also entered into a long-term agreement to provide accommodations supply to GBT. According to an announcement, GBT will accelerate investment in the Egencia brand, its people and technology. GBT and Egencia, said the announcement, “will together offer the leading solutions across every segment of business travel.” Teaming Egencia with GBT’s Supply MarketPlace, one of the most comprehensive sources for content and experiences in business travel, said the announcement, provides customers with more value and choice and offers suppliers enhanced access to business travelers. Paul Abbott, GBT’s CEO, said bringing GBT and Egencia together “will create a winning formula that will define the future of travel.” Mark Hollyhead, president of Egencia, said that becoming part of an organization totally focused on business travel “will accelerate Egencia’s growth and amplify what we do best — offer technology-driven solutions that address the ever-evolving needs of business travel and its many stakeholders.”