Despegar Completes Acquisition of Viajanet (TVLX Viagens e Turismo S.A)

June 8, 2022

Despegar.com, Corp. has completed its previously announced acquisition of 100% of TVLX Viagens e Turismo S.A. (Viajanet) for approximately US$15.5 million, with payments staged between closing and June 2025 and subject to customary post-closing adjustments. The deal expands Despegar’s travel portfolio in Brazil by adding one of the country’s leading online travel agencies.

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

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