Deal description: Emburse, a leader in travel and expense management, has acquired TRIPBAM, the industry’s only provider of fully automated, always-on auditing technology to track and review corporate travel pre-trip spend, corporate negotiated discounts, and supplier contracts.

TRIPBAM’s technology constantly tracks and compares current prices with customers’ travel reservations and automatically rebooks a flight or hotel room if a lower price is available. It has tracked more than 30 million corporate travel bookings to date, representing over $30 billion in spend.

Baker Botts represented TRIPBAM. Kirkland & Ellis represented Emburse.

The official press release can be found here.

Baker Botts Lawyers/Offices Involved:

Corporate: Bryan Henderson (Partner, Dallas), Steve Mann (Partner, Dallas), Michael Portillo (Senior Associate, Austin), Michael Donnellan (Associate, Houston), Leslie Lord (Associate, Austin)

Tax: Steve Marcus (Partner, Dallas)

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