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Carlyle Buys Majority Stake in Brazilian Tourism Agency

Posted on: January 7, 2010 by PEHub Administrator1 Comment »

SAO PAULO (Reuters) – U.S.-based buyout firm Carlyle Group bought 63.6 percent of CVC Turismo, Brazil’s largest tourism agency, for an undisclosed amount, as the private equity firm casts about for deals in fast-growing emerging market economies. Santo Andre, Brazil-based-based CVC, majority owned by entrepreneur Guilherme Paulus, has grown into Latin America’s largest tourism and [...]

Carlyle May Pay $250 Million for Brazil’s CVC Turismo

Posted on: December 15, 2009 by PEHub AdministratorNo Comments »

SAO PAULO (Reuters) – U.S.-based buyout firm Carlyle Group may pay around $250 million for about 60 percent of CVC Turismo, Brazil’s largest tourism agency, a source with direct knowledge of the deal told Reuters on Tuesday. Sao Paulo-based CVC, majority owned by entrepreneur Guilherme Paulus, and Carlyle are in exclusive talks for the transaction, [...]