On May 5, 2022, ViajaNet (“ViajaNet” or the “Company”) was acquired by Despegar.com ("Despegar").
The Brazilian Investment Banking practice of Kroll served as the exclusive financial advisor to ViajaNet in connection with the transaction.
ViajaNet is a renowned online travel agency in Brazil. Founded in 2009, it has its headquarters in São Caetano do Sul in Brazil. The Company sells airline tickets, pre-assembled travel packages, hotel stays, travel insurance, and other facilities linked to tourism. Baptista Luz Advogados served as legal counsel to ViajaNet.
Despegar.com is a leading online travel company in Latin America. Operating across 20 countries and serving over 29 million customers, Despegar provides a broad suite of travel products. Despegar owns and operates Despegar, its global brand, and Decolar, its Brazilian brand. Launched in 1999, Despegar started with airline tickets and expanded to offer products from over 300 airlines and 520,000 hotels. Despegar works with over 1,100 car rental agencies and more than 240 destination services providers throughout Latin America, as of December 2017. Tauil & Chequer Advogados (Mayer Brown) served as legal counsel to Despegar.com.