Despegar Acquires 100% of Viajanet (TVLX Viagens e Turismo S.A) in Brazil

June 8, 2022

Despegar.com, Corp. agreed to acquire 100% of TVLX Viagens e Turismo S.A (“Viajanet”), a leading online travel agency in Brazil. The all-cash deal has a total consideration of approximately US$15.5 million (about US$15 million initially announced) subject to customary adjustments and closing conditions.

Buyers
Despegar.com, Corp.
Targets
TVLX Viagens e Turismo S.A (Viajanet)
Industry
Transportation
Location
Brazil
Transaction Type
Buyout

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