Long Lake

Long Lake acquires and partners with services businesses, applying AI to their operations. Its proprietary Nexus platform automates workflows across multiple industries and supports transformation within portfolio companies. The approach centers on acquiring and transforming operating businesses rather than simply selling them software, placing workflow automation inside the businesses delivering services.

Founded in 2023, Long Lake is led by co-founder and CEO Alexander Taubman. By May 2026, the company reported that it had acquired or partnered with dozens of services businesses. Nexus provides a shared technology platform for this work across different business verticals, rather than focusing on a single industry.

Long Lake’s agreement to acquire American Express Global Business Travel values the proposed transaction at approximately $6.3 billion. Its stated vision for corporate travel combines AI and human agents to speed booking, address disruptions proactively and simplify travel administration. Shareholders approved the deal on August 3, 2026; as of August 4, closing remained subject to conditions, including regulatory approvals, and was expected in the second half of 2026.