Creador completed the acquisition of a majority stake in MG Group.

Creador, a private equity firm, completed the acquisition of a majority stake in MG Group, an Indonesia-based B2B hospitality marketplace. Financial terms were not disclosed. “Asia is not just the largest travel market; it’s the region defining the future of travel. MG Group’s innovative platform and lean business model make it uniquely equipped to lead the next wave of growth in global B2B hospitality. With this investment, we are building a global platform from the world’s fastest-growing region,” Brahmal Vasudevan, Creador Founder and CEO.