Creador Acquires Indonesia's MG Group: Targets Big Moves in Europe, Middle East

Private equity firm Creador has acquired a controlling stake in Southeast Asian B2B hospitality marketplace MG Group, positioning the company for global expansion.

Founded in Indonesia, MG Group connects over 8,000 global buyers with more than 350,000 accommodation suppliers.

Creador aims to leverage the MG platform: MG Jarvis and its network to capitalize on the surging demand for travel services in Asia and beyond.

The private equity firm has set its sights on “high-potential markets” in North Asia, the Middle East, and Europe, aiming to replicate MG’s Southeast Asian success on a global scale.

These regions, according to Mizran Nahar, director and MG deal lead at Creador, present opportunities for MG’s tech-driven, low-cost model.

MG Group’s proven business model and rapid growth — nearly 50% year-over-year — made it an attractive investment