Despegar.com Announces Closing of Investments by L Catterton and Waha Capital

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Sep 21, 2020
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Despegar.com (the “Company”), the leading online travel agency in Latin America today announced that it has closed on the previously announced private placements with LCLA Daylight LP, an affiliate of L Catterton Latin America III, L.P. (the “L Catterton Purchaser”), and Waha Capital. Despegar intends to use the proceeds from these investments for general corporate purposes, including potential acquisitions.