Mondee Investor Presentation
Mondee M&A Strategy and Year-to-Date Acquisitions
Rationale
ע
Accelerate
Organic
Growth
Synergies
Accretive
Valuation
mondee M&A Strategy
Expanding presence in key markets
Accelerating organic growth
• Delivering synergies
Transacting at accretive valuations
•
Unique product, distribution and tech
• Faster than developing components
internally
Realizing revenue and cost synergies
Acquiring companies that improve
Mondee's metrics at accretive
valuations
ORINTER
A MONDEE COMPANY
Acquisition
✓ Expands content and distribution in
Brazil and Latin America
✓ Access to Orinter's direct hotel
contacts
✓Leverage Orinter's distribution of
4,800+ travel experts
✓Orinter enjoys 13% take rate and 30%
EBITDA margin
interep. Acquisition
✓Purchase price of ~$40 million implies
multiple of ~4X Orinter's 2022 EBITDA
of $9.3 million
✓ Expands luxury content and
distribution in Brazil and Latin
America
✓ Access to Interep's direct hotel
contacts
✓Leverage Interep's local expertise and
distribution of 3,100 active travel
experts
✓Natural expansion of Mondee's geographic footprint to growth regions throughout the globe
CONSOLID
✓ Interep enjoys 9.5% take rate and
28% EBITDA margin
Mexico
✓Purchase price of $8.9 million implies
multiple of 3.2X Interep's 2022
EBITDA of $2.8 million
Acquisition
✓ Expands content and distribution in
Mexico and Latin America
✓ Access to Consolid's direct hotel
contacts
✓Cross-selling opportunities
✓ Revenue and cost synergies through the deployment of Mondee's superior tech
✓Leverage Consolid's local expertise
and distribution of 1,000 customers
globally
✓Consolid generated adjusted EBITDA
of $1M+ in 2022
✓Purchase price of approximately $4
million implies an EBITDA multiple of
4X
THE
SKY ASS
GROUP
Acquisition
✓ Expands distribution to SMBs and
international corporations
✓ Access to Skypass's hotels, cruises,
vacation packages, recreational
travel, and humanitarian
✓Leverages Skypass's local expertise
and distribution of SMBs and
international consulting firms
✔Skypass generated adjusted EBITDA
of ~$4M in 2022
✓Purchase price of approximately $15
million implies an EBITDA multiple of
~4X
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