International travel management company TravelPerk has unveiled its acquisition of California-based NexTravel to help with its continuing growth roadmap in the American market. The deal will encompass the latter company’s infrastructure, client base, inventory, staffers and U.S. market knowledge, according to a Wednesday (Jan. 13) announcement.
“The acquisition of NexTravel will accelerate our growth in the US, doubling the size of our team on the ground and adding significantly to our clientbase and in-market expertise,” TravelPerk CEO and Co-Founder Avi Meir said in the announcement, noting that the acquisition is “another important milestone in TravelPerk’s global growth.”
NexTravel, which is based in Santa Monica, was started in 2013 by Alexey Pakhomov and Wen-Wen Lam, while it was rolled out in 2015 from Y Combinator. Over 700 corporate customers in the United States use the company to reserve, supervise, expense and report…
