GP Investments has announced the sale of its stake in the Brazil Hospitality Group (BHG) to GTIS Partners, a US investment company. GP will receive approximately R$150 million for 27.4% of the shares for the transaction, which was based on an enterprise value of BHG of approximately R$900 million.
Brazil Hospitality Group (BHG) announced a partnership with AccorHotels, which will manage 17 of BHG’s owned hotels. AccorHotels also acquired hotel management company LEBSPE Ltda from BHG for an undisclosed…
Brazil Hospitality Group, and its shareholders GP Investments and GTIS Partners, announced an agreement with French group AccorHotels that will allow Accor to manage a portfolio of 26 hotels (4,400…
(Businesswire) GTIS Partners L.P., a real estate private equity firm headquartered in New York City with offices in São Paulo, Los Angeles, San Francisco and Paris, and GP Investmentos, a…