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New Deal


Announced

Waha Capital completed a $50m investment in Despegar.

Financials

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Transaction Value£38m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

Friendly

Private

Single Bidder

Travel and Tourism

ticket booking services

packages

vacation rentals

travel agency

online travel agency

Argentina

Cross Border

Completed

Minority

Synopsis

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Waha Capital, an Abu Dhabi-listed investment company, completed a $50m investment in Despegar, an online travel agency in Latin America. "With its unique combination of broad product offerings and payment capabilities, Despegar has attained a leading position in online travel bookings in the region. We are excited about this investment as we see a potential for significant value creation, and it further diversifies our portfolio, both in terms of sector and geography. This investment helps ensure that Despegar has the resources to sustain market leadership and emerge from the current economic environment stronger," Amr Al Menhali, Waha Capital CEO.

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