Announced
Synopsis
JTB, a Japan travel solutions provider, agreed to acquire Northstar Travel Group, a B2B travel industry events, media and information services company, from EagleTree Capital, a private equity firm. Financial terms were not disclosed. “Today's announcement marks the beginning of an exciting new chapter for JTB Group. Northstar brings outstanding expertise and fresh perspectives that perfectly align with our strategic vision. By operating Northstar as an independent subsidiary, we preserve their neutral market position while creating a powerful platform for delivering superior customer experiences. We are confident this structure will unlock significant growth potential while contributing to the innovation and future growth of the travel industry,” Eijiro Yamakita, JTB Group President and CEO.
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