Mondee Investor Presentation Deck
Mondee M&A Strategy and H1 2023 Acquisitions
Rationale
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
✓ Expand content and distribution in Brazil
and Latin America
✓Natural expansion to Mondee's North
American footprint
✓ Access to Orinter's direct hotel contacts
✓Leverage Orinter's distribution of 4,800+
travel experts
✓Cross Selling opportunities
✓ Revenue and cost synergies through the
deployment of Mondee's superior tech
✓Orinter enjoys 13% take rate and 30%
EBITDA margin
✓Purchase price of ~$40 million implies
multiple of ~4X Orinter's 2022 EBITDA of
$9.3 million
interep Acquisition
VIAJAR ESTÁ NOS DETALHES
✓ Expand luxury content and distribution in
Brazil and Latin America
✓Natural expansion to Mondee's
geographic footprint
✓ Access to Interep's direct hotel contacts
✓Leverage Interep's local expertise and
distribution of 3,100 active travel experts
✓Cross Selling opportunities
✓ Revenue and cost synergies through the
deployment of Mondee's superior tech
✓ Interep enjoys 9.5% take rate and 28%
EBITDA margin
✓Purchase price of $8.9 million implies
multiple of 3.2X Interep's 2022 EBITDA of
$2.8 million
CONSOLID
México
MONDEE
Acquisition
✓ Expand content and distribution in Mexico
and Latin America
✓Natural expansion to Mondee's
geographic footprint
✓ Access to Consolid's direct hotel contacts
✓Leverage Consolid's local expertise and
distribution of 1,000 customers globally
✓Cross Selling opportunities
✓ Revenue and cost synergies through the
deployment of Mondee's superior tech
✓Consolid generated adjusted EBITDA of
$1M+ in 2022
✓Purchase price of approximately $4
million, implies an EBITDA multiple of 4X
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