Navan acquires Brazilian TMC Smartrips
Navan has acquired Brazilian travel management company Smartrips, expanding its presence in Latin America. This is Navan's first acquisition since its IPO in October 2025. Terms were not disclosed. Smartrips, founded in 2017, provides corporate travel procurement and management services in Brazil.
Impact and considerations
The acquisition strengthens Navan's corporate travel capabilities in Brazil, enabling clients to book and manage local travel directly on its platform, reducing reliance on third-party systems.
Key points
- Navan acquires Brazilian TMC Smartrips, expanding in Latin America.
- This is Navan's first acquisition since its IPO.
- Deal expected to close in Q2 of fiscal 2027.
Sources and time
- Primary source
- PhocusWire / Phocuswright
- Other sources
- 0
- First source publication
- 19 Jun 2026, 00:15
- Page published
- 12 Aug 2026, 14:24
- Last updated
- 19 Jun 2026, 00:15
- Original links
- PhocusWire All News：Navan acquires Brazilian TMC Smartrips (opens in a new tab)Primary source · en · Published 19 Jun 2026, 00:15