In Brazil, you cannot talk about the tourism industry without mentioning Guilherme Paulus. He has been one of the most prolific investors in the sector and continues to do so to date. His investments lie in two major companies, i.e. the GJP network and CVC Brasil Operadora e Agencia de Viagens S.A. These two companies are considered among the biggest within their respective service niche. CVC has become so big that it is now ranked as the largest tour operator in Latin America and could soon grow to encompass other countries. This has been in part due to its recent acquisition by a private equity group the Carlyle Group.
The group managed to convenience Guilherme Paulus to sell a 63 percent stake to them at a time when he had just mentioned in a TV interview that he would one day consider taking the company public. This announcement sparked a frenzy of activities with banks and private investors calling to try and get in on the deal. Guilherme Paulus, however clearly understood what he was looking for having founded the CVC in 1972 and grown it to what it was.
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The deal would earn him and his company an estimated 420 million dollars. With this capital, Guilherme Paulus opted to focus on expanding the GJP network. At the time he had found a niche in the hotel business. He was willing to stake quite a large amount to see his company take off and when the CVC money came in it marked a turning point for the group. Today GJP runs a chain of more than 19 hotels located all over the country. The group has everything from a five hotel to a diner which helps it cater to the wide range of clientele they receive every year. The group’s operations have grown tremendously and so has Guilherme Paulus influence within the tourism sector. The president recently appointed him to the country’s Tourism Board as a sign of goodwill as well as help the country enact policies that grow the sector. It will be interesting to see what kind of leadership he brings given his credentials as a man of actions.