Japanese travel agency and travel solutions provider, JTB, has completed its acquisition of BTN’s parent company, Northstar Travel Group.
Following the acquisition, Northstar will continue to operate as a wholly owned independent subsidiary of JTB and keep its existing management team, including CEO Jason Young.
Young said the company is excited to become part of JTB and reach new demographics.
“Partnering with JTB opens up new opportunities for collaboration and growth, particularly as we expand our reach in the Asia Pacific region,” he said.
“With our shared values and vision, we look forward to working closely with JTB to deliver even greater value to our customers around the world.”
The transaction was initially announced in August and will allow Northstar to continue its current operations and service offerings.
Northstar also owns several publications, including SportsTravel, Travel Weekly, TravelAge West, Travel Pulse and Phocuswright
Northstar was previously owned by investment funds managed by EagleTree Capital and its investors.
