JP Morgan to Acquire Frosch Luxury Travel Agency


Skift Take

This deal would break the mold of so many technology plays we've seen to date, giving JP Morgan an edge in supporting bookings with experienced consultants.

JP Morgan Chase has signed a definitive agreement to buy corporate and luxury travel agency Frosch.

The deal represents a new “business line” for the bank, according to Bryan Leibman, the agency’s president and CEO.

“It should give all of us immense pride to be recognized for our industry leading achievements and excellence and to become a foundation for JP Morgan Chase as they ente