M&A Deal Summary

Despegar.com Acquires Viajanet

On June 8, 2022, Despegar.com acquired internet software and services company Viajanet for 16M USD

Acquisition Highlights
  • This is Despegar.com’s 2nd transaction in the Internet Software and Services sector.
  • This is Despegar.com’s 3rd largest (disclosed) transaction.
  • This is Despegar.com’s 1st transaction in Brazil.

M&A Deal Summary
Date 2022-06-08
Target Viajanet
Sector Internet Software and Services
Buyer(s) Despegar.com
Deal Type Add-on Acquisition
Deal Value 16M USD

Target

Viajanet

Sao Caetano Do Sul, Brazil
website
Viajanet is an online travel agency that offers differentials in service and services to the e-consumer. With over seven billion airfares available to the Internet user, 100,000 hotels listed on the portal for research, 900 airlines, insurance, and tourist packages, the company has a cutting edge for online customer service. ViajaNet was formed in 2009 and is based in Sao Caetano Do Sul, Brazil.

Search 192,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Despegar.com

Buenos Aires, Argentina

website

Category Company
Founded 1999
Sector Internet Software and Services
Employees3,824
Revenue 131M USD (2020)
DESCRIPTION

Despegar.com is an online travel company, provides a range of travel and travel-related products through its Websites and mobile applications in Latin America. Despegar.com operates through two segments, Air; and Packages, Hotels, and Other Travel Products. Despegar.com offers airline tickets, packages, hotels, and other travel-related products under the Despegar and Decolar brands, which enable consumers to find, compare, plan, and purchase travel products through its marketplace. Despegar.com was incorporated in 1999 and is based in Buenos Aires, Argentina.

DEAL STATS #
Overall 3 of 3
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 3 of 3
Country (Brazil) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-27 Best Day Travel Group

Cancun, Mexico

Best Day Travel Group is a travel agency serving Mexico. In addition to its Business to Consumer business operated through its online platform, call centers and more than 200 kiosks, the company offers ground transportation, tours and activities across Mexico main destinations.

Buy $136M
Mergr

Product

Company

Legal