LLMH, incubated with General Catalyst, closes Amex GBT take-private

marcbhargava · x · 2026-09-29

Marc Bhargava of General Catalyst announced that LLMH, which GC helped launch 2.5 years ago, has closed its take-private acquisition of Amex GBT. He thanked former Amex GBT CEO Alex Taubman, recalling the journey from a handshake deal through years of board meetings and late-night calls, and voiced optimism about the partnership's future. It marks a notable AI-meets-travel-tech capital event.

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