The Carlyle Group to Acquire and Merge Nuevo Mundo Viajes and Condor Travel

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(Press Release) Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced it has agreed to acquire two established Peruvian tourism companies, Nuevo Mundo Viajes and Condor Travel, and merge them to create a regional tourism platform. Nuevo Mundo is the chief outbound tour operator in Peru and Condor Travel is a prominent inbound tour operator in Peru. Equity for the transaction will come from the Carlyle Peru Fund. Financial terms of the transaction, which is expected to close in September, were not disclosed. Read more

Wayra Perú Launches Tourism Incubator, Andes Factory

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(Pulso Social) Early this May, Wayra Peru launched Andes Factory, a technology incubator for socially responsible tourism industry. The number of tourists in Peru is expected to reach 3 million tourists in 2013, according to the Ministry of Foreign Trade and Tourism. Read more

Carlyle-controlled CVC Plans to Hold IPO on BMFBovespa

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(Dow Jones) August 8, 2011 – The controlling shareholder of Brazilian travel agency CVC Brasil Operadora e Agencia de Viagens SA is planning an initial public offering on the Brazilian Stock Exchange, the BMFBovespa Read more

GP Investments Portfolio Company BHG eyes expansion

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(Reuters) June 22, 2011 – Hotel operator Brazilian Hospitality Group (BHGR3.SA) may expand operations in some Latin American countries to gain scale and tap rapid income growth in the region, Read more

Carlyle, partner eye Brazil CVC stock sale

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(Reuters) May 18, 2011 – Private equity firm Carlyle Group and its Brazilian partner may raise $1 billion with the sale of stock in CVC, a Brazilian tourism company, Read more

Aureos invests in Belize boutique hotel

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(Aureos Capital) May 4, 2011 – Aureos Capital Limited’s Emerge Central America Growth Fund (EMERGE) has provided Mayaland Villas Inc., owner of Ka’ana Boutique Resort in Belize, with a facility to expand its operations. Read more

Aureos Takes Minority Stake in Peru’s Condor Travel

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(AltAssets) January 7, 2011 – Aureos Capital has acquired a 40 per cent interest in Peruvian tour operator Condor Travel as part of a management buy-out Read more

LAVCA Member Nexxus Capital and Partners to Form Grupo Hotelero Santa Fe

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February 22, 2010 – Nexxus Capital, Grupo Chartwell and Walton Street Capital announced today the formation of a partnership named Grupo Hotelero Santa Fe to acquire and operate 4 and 5 star hotels in Mexico, initially focusing on urban markets and touristic beach resorts.
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Carlyle may invest $250 million Brazilian CVC Turismo

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Globe_-_CarlyleDecember 16, 2009 – Global private equity and LAVCA member firm The Carlyle Group may invest approximately $250 million in Brazil’s largest travel booking service CVC Turismo, obtaining a 60 percent stake in the company, Reuters reported on December 16.

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Meridia Picks Up Four Seasons from Strategic Hotels & Resorts

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Image17_hotelPrivate equity group Meridia Capital Partners has acquired a 100% stake in the Four Seasons Mexico City hotel from real estate investment trust Strategic Hotels & Resorts for a price of $54 million.  Four Seasons Hotels & Resort will continue to operate the hotel under the agreement.

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