Press Release

TBO to Acquire Classic Vacations From the Najafi Companies

September 3, 2025

Palo Alto – September 3, 2025 – Cooley advised TBO, a leading global travel distribution platform, on its agreement to acquire Classic Vacations from Arizona-based investment firm, the Najafi Companies.

India-based TBO (NSE India: TBOTEK) aims to simplify the buying and selling travel needs of travel partners across the world, and this acquisition brings together the power of TBO’s first-class technology platform and worldwide inventory with Classic Vacation’s vast network of luxury travel advisors and suppliers.

Lawyers Rishab Kumar, Patrick Reed and Elaine Huang led the Cooley team advising TBO.

The transaction also involved a cross-border debt financing component team steered by Cooley debt finance partner John Clark and special counsel Alexandra Leavy.

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