American Express agrees to buy TheFork for $700 million

American Express's TheFork acquisition, a $700 million deal with Tripadvisor, expands its European restaurant booking network. Read the full details.

Prajakta Sanjay Warwadkar

Jun 15, 2026 - 12:22

American Express agrees to buy TheFork for $700 million

American Express TheFork acquisition expands the card brand's European restaurant booking platform

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NEW YORK, June 15, 2026 — American Express has agreed to acquire TheFork, a leading European restaurant booking platform, from Tripadvisor for $700 million in cash. The proposed deal, announced Sunday, expands the card company's dining business in Europe.

The American Express TheFork acquisition builds on the company's purchases of dining platforms Resy and Tock, and is expected to grow its combined network to about 75,000 bookable venues. It deepens a strategy that uses restaurant access as a draw for cardholders.

What the American Express TheFork acquisition includes

Founded in 2007, TheFork connects millions of diners with more than 50,000 restaurants across 11 European countries through its booking, restaurant-management and customer-engagement tools, plus a consumer discovery app and website. American Express said TheFork would keep its current leadership team after the deal closes.

"Dining is one of the most important ways people engage with our brand," said Rafa Marquez, President of International Card Services at American Express. He said the deal would give cardholders more ways to discover and book restaurants while helping partners reach more diners.

Terms and timing

American Express will pay $700 million in cash, subject to customary adjustments. The transaction is expected to close before the end of 2026, pending a labor consultation process and regulatory approvals.

TheFork Chief Executive Officer Almir Ambeskovic said the company built one of Europe's leading dining platforms with Tripadvisor's support and saw a shared focus on service. "American Express shares our commitment to innovation, service and hospitality," Ambeskovic said.

A bigger dining play

The move strengthens the international business that American Express calls a major growth driver. By adding TheFork to Resy and Tock, the company extends its pairing of payments with restaurant discovery and reservations.

Founded in 1850 and based in New York, American Express framed the deal as a way to enrich its membership model. TheFork will continue serving diners through its app and website across Europe.