M&A Deal Summary |
|
|---|---|
| Date | 2025-09-03 |
| Target | Classic Vacations |
| Sector | Internet Software and Services |
| Buyer(s) | TBO |
| Sellers(s) | The Najafi Companies |
| Deal Type | Add-on Acquisition |
| Deal Value | 125M USD |
| Advisor(s) | Moelis & Co. (Financial) Ballard Spahr (Legal) |
SEARCH BY
TBO connects travel suppliers such as hotels, airlines, car rental companies, and more with buyers such as travel agents and tour operators. TBO is based in Gurugram.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Internet Software and Services M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-18 |
Jumbonline
Palma, Spain Jumbonline is a distribution platform for wholesalers and tour operators with 147,000 Buyers, 1 million+ Suppliers in over 100 countries. Jumbonline was formed in 1977 and is based in Palma, Spain. |
Buy | - |
The Najafi Companies is a private investment firm focused on long-term investments in consumer, retail, e-commerce, sports, media, and technology companies. The Firm invests long-term, with no investment horizon and will consider opportunities throughout the US and Western Europe. The Najafi Companies was formed in 2002 and is based in Phoenix, Arizona.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
