TBO Tek Limited has strengthened its foothold in the global luxury travel market by acquiring 100% of Classic Vacations, LLC, a leading US-based premium travel brand, for $125 million. The acquisition was executed through its subsidiary, TBO LLC, and funded via internal accruals, inter-corporate loans, and credit facilities. With over 50 years of legacy, Classic Vacations serves over 10,000 travel advisors and specializes in high-end services across hotels, air travel, experiences, car rentals, and travel protection. Post-acquisition, it will continue operating as an independent brand with Melissa Krueger as CEO and its existing leadership team intact—ensuring continuity and client trust. The deal aligns with TBO Tek’s vision to become a top-tier global travel-tech platform, boosting its presence in the premium outbound travel segment from key markets. It enhances TBO’s service offerings and integrates a trusted luxury brand into its vast network, which connects 159,000 travel buyers with 1 million suppliers across 100+ countries. This strategic move positions TBO Tek to capture higher-value travel segments and accelerate growth in the competitive global travel ecosystem.

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