TBO Tek Subsidiary to Acquire Classic Vacations for Up to 125 Million USD

Deal Type : Acquisition
Estimated Value : Up to $125 million
Deal Status : Announced
Strategic Fit
TBO Tek, one of India’s leading travel distribution platforms, has announced that its subsidiary will acquire Classic Vacations, a US-based luxury travel company, for up to $125 million. The acquisition is designed to significantly strengthen TBO Tek’s footprint in the North American travel market, enabling it to tap into high-value leisure tourism segments. Classic Vacations, with its established reputation for luxury travel services, complements TBO Tek’s existing B2B distribution strength and enhances its offerings to travel agents worldwide.
Deal Structure
Buyer : TBO Tek subsidiary (name not disclosed)
Target : Classic Vacations (US-based luxury travel company)
Stake : 100% acquisition planned
Consideration : Up to $125 million (structured across tranches based on performance milestones)
Funding : Combination of internal accruals and possible financing support
Competitive Landscape
With this acquisition, TBO Tek strengthens its position against global travel aggregators such as Booking Holdings, Expedia, and Trip.com, which dominate the international market. Unlike mass-market platforms, TBO Tek’s move targets luxury leisure travel, a segment expected to grow rapidly as high-net-worth travelers prioritize premium, curated experiences. The acquisition also helps the company diversify beyond its existing strength in Asia, Middle East, and emerging markets.
Market Reaction
The deal has been welcomed as a bold global expansion move by TBO Tek. Analysts highlight that access to Classic Vacations’ network of luxury resorts, premium travel agents, and high-spending clientele in the US can provide significant revenue upside. Investors see this as a natural extension of TBO Tek’s IPO-fueled growth strategy, aimed at positioning the company as a global leader in B2B travel distribution.
Final Word
TBO Tek’s acquisition of Classic Vacations is more than just an expansion into the US market it represents a strategic bet on the future of luxury leisure travel. By combining Classic’s strong brand recognition in North America with TBO Tek’s technology-driven distribution platform, the deal could unlock significant synergies and elevate the company into the top tier of global travel facilitators.