Certify Seeks Greater Sum, Keeps The Parts In Expense System Combo

[UPDATE, Sept. 7, 2017: Expense management system provider Certify bought nuTravel’s online booking system. It will offer the tool as part of Certify Enterprise Travel. The two companies announced a partnership for that product in July. The expense management system provider already offers booking tech to small businesses under the Certify Travel brand. NuTravel will maintain its airline services business line, which provides booking portals to Air Canada, JetBlue and WestJet.]

Private-equity firm K1 Investment Management spent $125 million to recapitalize Certify, become its majority owner and go after expense management market leader

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Author: David Jonas

David Jonas in 2006 co-founded business media firm ProMedia.travel after ten years as a journalist with Business Travel News. David rejoined BTN in 2010 as executive editor when its parent company acquired ProMedia, and in 2014 co-created The Company Dime. David has a bachelor's degree in communications from Cornell University.