TBO.com Acquires Classic Vacations for $125M

Vacatia Acquires The Berkley Group and Daily Management

January 2, 2025

Real Estate

Vacatia, a technology-driven hospitality company, acquired The Berkley Group, Inc. and Daily Management, Inc., combining Vacatia’s product and rental capabilities with Berkley and Daily Management’s resort development, sales and property-management expertise. The transaction was financed in partnership with affiliates of Fairfax Financial (via Hamblin Watsa Investment Counsel Ltd.), and brings together more than 2,500 associates servicing over 460,000 owners and managing over 11,000 units across 13 states.

TBA Worldwide Acquires Joybyte

November 1, 2023

Marketing & Advertising

TBA Worldwide, a growing network of data-driven advertising agencies anchored by Brandon, has acquired Joybyte, a Scottsdale-based social media and influencer marketing agency focused on DTC/eCommerce brands. Joybyte will operate as a standalone agency from its Scottsdale office while leveraging TBA Worldwide’s network, leadership and capital to accelerate growth and expand social media capabilities across the platform.

Hilton Grand Vacations Acquires Bluegreen Vacations

January 17, 2024

Real Estate

Hilton Grand Vacations Inc. completed the previously disclosed all-cash acquisition of Bluegreen Vacations for approximately $1.5 billion inclusive of net debt. The deal adds roughly 200,000 members, expands HGV's resort portfolio to nearly 200 properties across new geographies and states, and is expected to be adjusted free cash flow accretive with about $100 million of run-rate cost synergies within 24 months.

VTrips Acquires Southern Vacation Rentals

April 26, 2022

Restaurants & Hospitality

VTrips, a fast-growing U.S. vacation rental management company, acquired Southern Vacation Rentals on April 1, 2022, adding 1,120 properties and 123 team members to its portfolio and bringing VTrips' total managed properties to more than 5,000. Southern Vacation Rentals' CEO Scott Seay will join VTrips as chief strategy officer as the companies integrate operations while retaining local brand presence.

U.S. News & World Report Acquires Culture Trip

February 27, 2024

Media & Entertainment

U.S. News & World Report has acquired TheCultureTrip.com from Culture Trip Travel UK Ltd., adding the travel website and its marketplace for small, insider-led group trips to U.S. News' travel franchise. The Culture Trip site — founded in London in 2011 with 75,000+ travel articles, millions of monthly users and a dedicated apps audience — will continue to operate under the Culture Trip brand; terms were not disclosed.

Blue Star Innovation Partners Acquires Majority Stake in TravelNet Solutions

July 26, 2022

Cloud & SaaS

Blue Star Innovation Partners has acquired a majority stake in TravelNet Solutions (TNS), a Minneapolis‑based provider of Track Hospitality Software and related vacation‑rental platforms. The investment will be used to accelerate product development, expand support and hiring, and pursue M&A to add complementary solutions; TNS's existing leadership remains in place and VTrips exited its stake.