Despegar Results Presentation Deck
Despegar to Acquire 100% of Viajanet, Further Expanding
Presence in Brazilian Market
viajanet
• One of the leading Online Agencies in Brazil's highly fragmented
travel market
• Online sales accounted for 98% of 2021 revenues
Product Mix
.88% of Gross Bookings originated in B2C channel, with
remainder via B2B channel
• 98% of Gross Bookings in Air segment of Brazil's travel market
Financials
• Company recorded -US$30 million in audited 2019 revenues
Transaction Highlights
Total consideration of -US$15M, subject to customary closing
conditions
• 60% of the purchase price payable at closing; 20% due 24 months
after closing; remaining 20% due 36 months post closing
Value to be Captured
• Opportunity to cross-sell Despegar's complementary higher-margin
non-air inventory, such as accommodations and travel packages
• Significant synergies expected by plugging Despegar's technology
platform into Viajanet's systems to enhance conversion rates and
performance marketing capabilities, among other enhancements.
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