MG Group

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MG Group - overview

Location

Jakarta, -, Indonesia

Primary Industry

Travel & Leisure

About

MG Group is a B2B hospitality marketplace that connects travel buyers and sellers through advanced technology solutions, enhancing operational efficiency in the travel industry. MG Group operates as a dynamic B2B hospitality marketplace, facilitating connections between travel buyers and sellers through innovative technology. The company is headquartered in Jakarta, Indonesia. Founded by Raymond Holiday and Sunil Gadekar, MG Group focuses on expanding its reach in the travel sector.


The company has completed 2 deals, with the most recent deal occurring on January 2, 2025, when Creador acquired a majority stake from Northstar Capital and other investors. MG Group specializes in providing a dynamic B2B hospitality marketplace that connects travel buyers and sellers through advanced technology solutions. Their product offerings include a distributed architecture platform with high-performance JSON APIs and micro-services tailored for B2B distribution. This technology allows clients to optimize their operations efficiently, serving a diverse clientele that includes travel sellers, corporate travel managers, and hospitality brands across North America, Europe, and Asia-Pacific.


MG Group’s revenue model is centered around B2B partnerships utilizing their advanced technology platform for distributing hospitality services. Transactions are structured where travel sellers connect with corporate travel managers and hospitality brands, leveraging MG Group's APIs for service delivery. The pricing structure consists of subscription-based plans, enabling clients to scale operations based on service needs without direct consumer sales. This focus on technology-driven services positions MG Group as a critical player in the hospitality sector, ensuring steady revenue generation from its extensive network of hospitality brands.


In January 2025, following the acquisition by Creador, MG Group plans to leverage this support to expand its footprint and strengthen its platform. The acquisition aims to enhance value for its partners. Future product launches are anticipated, with a focus on enhancing the technological capabilities of their marketplace. MG Group is also targeting expansion into new geographic regions to broaden its market presence.


Current Investors

Northstar Capital

Primary Industry

Travel & Leisure

Sub Industries

Hospitality Services, Hotels & Accommodations, Travel & Tourism

Website

www.mgholidaygroup.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

MG Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedMG Group-
GrowthCompletedMG Group-

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