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Northstar Travel Group Announces Completion of Acquisition by JTB Corp.

RUTHERFORD, N.J., (October 1, 2025) �C Northstar Travel Group (��Northstar��), a leading B2B travel industry events, media and information services company, today announced the successful completion of its acquisition by JTB Corp. (��JTB��), one of Japan��s leading travel solutions providers, from investment funds managed by EagleTree Capital and its co-investors. Northstar will operate as a wholly-owned, independent subsidiary of JTB and will continue to be led by its existing management team, including Chief Executive Officer Jason Young.

��We are excited to officially become part of the JTB family and begin this new chapter together,�� said Jason Young, CEO of Northstar Travel Group. ��Partnering with JTB opens up new opportunities for collaboration and growth, particularly as we expand our reach in the Asia Pacific region. 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.��

As part of the transaction, Northstar will maintain its current operations and services offerings, continuing to serve its audiences and customers with the same dedication and expertise they expect. The company will continue to deliver the same trusted travel events, media, and information services that have long defined its reputation, now with the added support and resources of JTB.

BrightTower served as financial advisor and Jones Day served as legal counsel to Northstar. SMBC Nikko served as financial advisor and Venable LLP and Mori Hamada & Matsumoto served as legal counsel to JTB.

About Northstar Travel Group
Northstar Travel Group is the leading business-to-business media company providing information and marketing solutions for the global travel industry. The company owns fourteen media brands connecting 1.3M industry professionals through a comprehensive portfolio of digital, social, print and more than one hundred events in thirteen countries. Northstar Travel Group is based in Rutherford, NJ.?

About JTB Corp.
JTB is one of Japan's leading travel solutions providers, offering a diverse range of services and products tailored to meet the evolving needs of its clients. With a rich history dating back to 1912, JTB has consistently adapted and innovated to maintain its position at the forefront of the industry. From individual travel and the promotion of regional tourism to business meetings and sporting events, JTB offers support for a wide spectrum of travel-related activities. Guided by its vision "Perfect moments, always," JTB is committed to delivering personalized experiences to individuals, businesses and institutions worldwide. With a global presence spanning 152 locations across 36 countries, JTB seamlessly connects people, places and possibilities, all while fostering a sustainable future. For more information, visit www.jtbcorp.jp/en/.

Contacts
Kathryn Clemmons
Vice President, Corporate Marketing and Communications
Northstar Travel Group
kclemmons@ntmllc.com

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Northstar Travel Group Announces Completion of Acquisition by JTB Corp.

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