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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