M&A Deal Summary

Despegar.com Acquires Viajes Falabella

On April 15, 2019, Despegar.com acquired internet software and services company Viajes Falabella for 27M USD

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

M&A Deal Summary
Date 2019-04-15
Target Viajes Falabella
Sector Internet Software and Services
Buyer(s) Despegar.com
Deal Type Add-on Acquisition
Deal Value 27M USD

Target

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

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Buyer(S) 1

Buyer

Despegar.com

Buenos Aires, Argentina
Category Company
Founded 1999
Sector Internet Software and Services
Employees3,824
Revenue 706M USD (2023)
DESCRIPTION

Despegar.com is an online travel company, provides a range of travel and travel-related products through its Websites and mobile applications. 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 1 of 3
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 1 of 3
Country (Chile) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 2 of 3
FOLLOWING 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

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Company

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