M&A Deal Summary

Despegar.com Acquires Best Day Travel Group

On January 27, 2020, Despegar.com acquired consumer services company Best Day Travel Group for 136M USD

Acquisition Highlights
  • This is Despegar.com’s 1st transaction in the Consumer Services sector.
  • This is Despegar.com’s largest (disclosed) transaction.
  • This is Despegar.com’s 1st transaction in Mexico.

M&A Deal Summary
Date 2020-01-27
Target Best Day Travel Group
Sector Consumer Services
Buyer(s) Despegar.com
Deal Type Add-on Acquisition
Deal Value 136M USD

Target

Best Day Travel Group

Cancun, Mexico
website
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.

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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 2 of 3
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 2 of 3
Country (Mexico) 1 of 1
Year (2020) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-15 Viajes Falabella

Región de Valparaíso, Chile

Viajes Falabella is highly specialized in leisure travel and a department of attention to companies for business trips. In addition, with an area of planning and organization of events such as fairs, congresses, and seminars, both in Chile and abroad

Buy $27M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-08 Viajanet

Sao Caetano Do Sul, Brazil

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.

Buy $16M
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