Archive · 3 Sep 2025
TBO Tek to Acquire Classic Vacations for $125 Million
TBO Tek, a travel solutions company, is buying Classic Vacations, a luxury travel wholesaler, for $125 million.
Classic Vacations, founded in 1978, provides vacation packages to destinations.
The deal allows TBO Tek to grow in the premium travel market by integrating Classic Vacations' network of travel advisors.
Classic Vacations reported $111 million in revenue and $11.2 million in EBITDA in fiscal year 2024.
The acquisition aligns with TBO Tek's strategy to invest in both organic and inorganic growth opportunities.
This acquisition will help in the evolution of the travel and tourism industry.
TBO Tek is acquiring Classic Vacations for $125 million.
Classic Vacations is a US-based luxury travel company.
Classic Vacations reported $111 million in revenue in fiscal year 2024.
TBO Tek's expansion aligns with Classic Vacation's B2B brand.
The acquisition supports TBO Tek's strategy for growth in the travel industry.
- Who
- TBO Tek is acquiring Classic Vacations.
- What
- TBO Tek is acquiring Classic Vacations for $125 million.
- When
- Announced on September 3, 2025.
- Where
- Classic Vacations is US-based.
- Why
- The acquisition will allow TBO Tek to expand its premium travel market and enhance its growth strategy.
- Acquirer
- TBO Tek
- Acquired
- Classic Vacations
- Deal Value
- $125 million
- Classic Vacations Revenue (FY2024)
- $111 million
- Classic Vacations EBITDA (FY2024)
- $11.2 million
- Classic Vacations Founded
- 1978
Sources
TBO Tek to acquire US-based Classic Vacations in $125 million deal; Stock in focus
TBO TEK shares in focus as Gurugram based firm to buy Classic Vacations for $125 million
Why TBO Tek shares rallied 12 per cent today
TBO Tek shares soar 15% on acquisition of Classic Vacations for $125 million
TBO Tek To Acquire Classic Vacations, Stock Surges 15%
