• IHC, Managed by Jason Ader, will aquire two India-based Hospitality Businesses
  India Hospitality Corp., managed by Jason Ader, announced its intention to acquire India-based Mars Restaurants Private Limited, an emerging hotel and restaurant company, and SkyGourmet Catering Private Limited, an airline catering company operating out of four locations in India, for approximately US $110 million to create a diversified hospitality company servicing the rapidly growing Indian travel and leisure marketplace from affiliates of Navis Capital Partners, a private equity firm with offices in Kuala Lumpur, Hong Kong, and Bangkok, and certain private shareholders.
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