Despegar.com, Corp. (NYSE:DESP) is looking for acquisition opportunities. Amit Singh, CFO said "Let's turn now to our capital allocation strategy.
Our approach remains centered on evaluating acquisition opportunities across Latin America and selectively beyond the region. When assessing any potential transaction, we rigorously apply a disciplined framework that examines the strategic benefits of new capabilities that enhance our offerings or competitive advantages, increase market penetration or geographic expansion. Each opportunity then weighed against the targets implied valuation to ensure that it meets our high standards for value creation.
Our focus is clear, we only perceive the transactions that can generate long-term shareholder value by delivering both revenue and cost synergies that support and complement our strong organic growth profile. With our robust cash position and favorable working capital dynamics, we have the flexibility to execute transactions efficiently.
