(General Atlantic) April 27, 2012 – General Atlantic announced that it has completed an investment in Decolar.com. Financial details were not disclosed.
Decolar.com is a leading online travel agency in Brazil and across Latin America. The company, through its branded websites Despegar.com (in greater Latin America) and Decolar.com (in Brazil), provides online airline and hotel booking services to leisure and unmanaged business travelers in Latin America.
GA’s partnership with Decolar.com will help the company to improve IT processes; build data-mining capabilities and analysis; pursue potential mergers and acquisitions; and recruit the best talent to build out Decolar.com’s excellent management team.