About CVC Brasil
CVC Brasil is a company based in Sao Paulo (Brazil) founded in 1972 was acquired by The Carlyle Group in January 2010.. CVC Brasil has completed 5 acquisitions, including Avantrip.com, Bibamgroup and Biblos Travel. CVC Brasil operates in a competitive market with competitors including Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, among others.
- Headquarter Sao Paulo, Brazil
- Stage Public
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cvc Brasil Operadora E Agencia De Viagens Sa
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Annual Revenue
$229.6 M (USD)-0.83as on Dec 31, 2024
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Net Profit
$-16.71 M (USD)77.38as on Dec 31, 2024
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EBITDA
$51.68 M (USD)-42.57as on Dec 31, 2024
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Latest Funding Round
$180 M (USD), Debt – Conventional
May 10, 2019
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Investors
Santander
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Avantrip.com
& 4 more
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Acquired by
The Carlyle Group
(Jan 06, 2010)
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IPO & Listings of CVC Brasil
CVC Brasil is a publicly listed company on the BMFBOVESPA with ticker symbol CVCB3 in Brazil, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of CVC Brasil
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $180.0M
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First Round
First Round
(17 Oct 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Debt – Conventional - CVC Brasil | Valuation |
investors |
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| Oct, 2018 | Amount | Debt – Conventional - CVC Brasil | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CVC Brasil
CVC Brasil has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Santander, The Carlyle Group and Banco Votorantim. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Wealth management and investment banking services are offered to clients.
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Founded Year | Domain | Location | |
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Banco ABC Brasil is engaged in providing financial solutions for businesses and individuals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CVC Brasil
CVC Brasil has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Avantrip.com, Bibamgroup and Biblos Travel. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Travel agency services are provided from Brazil since 2014.
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2014 | ||||
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Flights, hotels, and vacation packages are booked via Avantrip.com.
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2008 | ||||
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OLA is recognized as a tourism wholesaler for travel agencies.
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1994 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CVC Brasil
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cvc Brasil Comparisons
Competitors of CVC Brasil
CVC Brasil operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Traveloka, Priceline, Despegar, MakeMyTrip and Lastminute, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Travel services are booked via an AI-powered platform.
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Last-minute bookings for travel and entertainment are facilitated online.
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| domain | founded_year | HQ Location |
Online platform for booking multiple travel services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cvc Brasil
Frequently Asked Questions about CVC Brasil
When was CVC Brasil founded?
CVC Brasil was founded in 1972 and raised its 1st funding round 46 years after it was founded.
Where is CVC Brasil located?
CVC Brasil is headquartered in Sao Paulo, Brazil.
Who is the current CEO of CVC Brasil?
Renato Lazzari is the current CEO of CVC Brasil.
What is the annual revenue of CVC Brasil?
Annual revenue of CVC Brasil is $229.6M as on Dec 31, 2024.
What does CVC Brasil do?
CVC Brasil was founded in 1972 in Sao Paulo, Brazil, and operates as an online platform in the travel sector. Various services, including flights, hotel rooms, rental cars, cruises, and holiday packages, are offered for discovery, comparison, and booking. Users access these options through the domain cvc.com.br, with leadership provided by CEO Renato Lazzari. The platform supports travel arrangements primarily in Brazil.
Who are the top competitors of CVC Brasil?
CVC Brasil's top competitors include MakeMyTrip, Ixigo and Despegar.
Is CVC Brasil publicly traded?
Yes, CVC Brasil is publicly traded on BMFBOVESPA under the ticker symbol CVCB3.
How many acquisitions has CVC Brasil made?
CVC Brasil has made 5 acquisitions, including Avantrip.com, Bibamgroup, and Biblos Travel.
Who are CVC Brasil's investors?
CVC Brasil has 4 investors. Key investors include Santander, The Carlyle Group, Banco Votorantim, and Banco ABC Brasil.
What is CVC Brasil's ticker symbol?
The ticker symbol of CVC Brasil is CVCB3 on BMFBOVESPA.