Telescope-backed Engine adds Options Travel
Brings more than 30 years of corporate travel expertise and client relationships to Engine, which is developing an AI-native online booking tool for travel management companies.
Options Travel, a full-service corporate travel management company with more than three decades of client relationships, has been acquired by Engine, the travel and spend platform backed by Telescope Partners, Blackstone, and Permira.
Options Travel will continue operating independently under its current leadership, and all employees will join Engine post-acquisition.
The transaction is Engine's first and supports the development of a new AI-native online booking tool aimed at modernizing the technology behind travel management companies, where legacy software has lagged.
"We've spent 30 years earning our clients' trust while the tools available to us lagged behind," said Brett Buynack, General Manager of Options Travel.
Deal facts
- Target
- Options Travel
- Acquirer
- Engine
- Backed by
- Telescope Partners, Blackstone, Permira
- Deal type
- Add-on
- Status
- Completed
- Announced
- Friday, July 31, 2026
Sources
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