Classic Vacations, LLC Asset Profile

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Year established

1978

Location

San Jose CA US

Primary Industry

Travel & Leisure

About

Based in California, US, and founded in 1978, Classic Vacations, LLC operates as an online travel agency. Since its founding, the company has grown to represent luxury vacation properties throughout Europe, Hawaii, the Caribbean, the Middle East, and South Pacific. Classic Vacations was acquired by Expedia Group, Inc. in March 2002 and agreed to sell its stake to The Najafi Companies in March 2021. The company works with travel advisors to plan ideal vacations. Classic Vacations offers online travel services, including hotel reservations, flight booking, car rentals, tourism package, private transfers, tourist activities, and vacation rentals. The company has served groups including golf, cosmopolitan, family, honeymoon, romance, and luxury travel markets. Najafi Companies' acquisition will further strengthen the company's partnership with travel advisors, hotels, and destination partners.

Current Investors

Najafi Companies

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Primary Industry

Travel & Leisure

Sub Industries

Travel & Tourism, Hotels & Accommodations, Internet

Website

www.classicvacations.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Deals

Deals Type
Buyout

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Classic Vacations, LLC	01 Mar 2021

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