DLM Invista Acquires a 35 Percent Stake in Clic Holding (Latin America)

Source: Valor Econômico

Private equity firm DLM Invista has purchased a 35 percent stake in Brazil-based travel technology group Clic Holding, the parent of three companies, Argo IT, Travel Explorer and Connect-c, which provide software and services to travel agencies. Clic Holding intends to use the fresh funding to reinforce the domestic operations of the three companies and expand their Latin American presence. Financial details of the transaction were not disclosed.