Bringing AI to the Real Economy | Alexander Taubman

Long Lake is scaling a "buy-and-deploy-AI" holding company model, hitting $4B+ projected revenue after buying ~40 businesses including Amex GBT for $6.3B.

• Amex GBT deal: Long Lake is buying American Express Global Business Travel, a 111-year-old firm, for $6.3 billion, taking it private to deploy AI across its travel workflows.
• Scale reached in 3 years: Founded three years ago, Long Lake has bought ~40 companies across five verticals (HOA management, HR services, specialty tax, infrastructure/architecture, travel) and projects over $4 billion in combined revenue next year at 20-25%+ EBITDA margins.

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