Tripadvisor Closes $700 Million Sale of TheFork to American Express
Tripadvisor has closed the $700 million sale of TheFork, its European restaurant reservation and management platform, to American Express, the company said in a regulatory filing Monday.
American Express Travel Related Services Company bought the legal entities that make up TheFork on Nov. 1 in an all-cash transaction priced at $700 million, subject to certain adjustments, according to Tripadvisor's 8-K. The two sides agreed to the sale on Aug. 2, 2026.
Tripadvisor said the deal counted as a significant disposition under SEC rules.
Transition help for the buyer
At closing, Tripadvisor and the American Express unit signed a transition services agreement dated Nov. 1. Under it, Tripadvisor will provide certain services to the buyer for 12 months, unless otherwise specified, to help hand off the business, according to the filing.
The company said it expects to discuss the transaction on its third-quarter 2026 earnings call, scheduled for Nov. 5.
The filing did not say how Tripadvisor plans to use the proceeds.
By the numbers
- $700 million all-cash price, subject to adjustments
- Closed Nov. 1, 2026
- 12-month transition services agreement
- Q3 earnings call set for Nov. 5
Sources
- Tripadvisor Form 8-K on completion of TheFork sale, filed Nov. 2, 2026 (accession 0001193125-26-442627)
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