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M&A Deal Summary

American Express Acquires Center

On March 6, 2025, American Express acquired software company Center

Acquisition Highlights
  • This is American Express’ 5th transaction in the Software sector.
  • This is American Express’ 14th transaction in the United States.
  • This is American Express’ 2nd transaction in Washington.

M&A Deal Summary
Date 2025-03-06
Target Center
Sector Software
Buyer(s) American Express
Deal Type Add-on Acquisition

Target

Center

Bellevue, Washington, United States
Center is a software company modernizing corporate card, travel, and employee expense management with one integrated solution. Center is based in Bellevue, Washington.

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Buyer(S) 1

Buyer

American Express

New York, New York, United States
Category Company
Founded 1850
Sector Financial Services
Employees75,100
Revenue 65.9B USD (2024)
DESCRIPTION
American Express' regional offices in downtown Sydney, Australia.
American Express' regional offices in downtown Sydney, Australia.

American Express is a global financial services company offering payment and credit services to consumers and businesses. The Company's principal products and services are charge and credit payment card products and travel-related services. American Express was incorporated in 1850 and is based in New York, New York.

DEAL STATS #
Overall 19 of 19
Sector (Software) 5 of 5
Type (Add-on Acquisition) 14 of 14
State (Washington) 2 of 2
Country (United States) 14 of 14
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-21 Tock

Chicago, Illinois, United States

Tock is a reservation, table, and event management system used by restaurants, wineries, and bars around the world. Tock was founded in 2014 and is based in Chicago, Illinois.

Buy $400M
Mergr

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