Like Tae Bo with a bow tie, kicked your ass with class
Tae Bo is a total body fitness system that incorporates Martial Arts techniques such as kicks and punches, which became quite popular in the 1990s. It was developed by taekwondo practitioner Billy Blanks and was one of the first “cardio-boxing” programs to enjoy commercial success. Such programs use the motions of martial arts at a rapid pace designed to promote fitness. The name Tae Bo is a portmanteau of tae kwon do and boxing.
A bow tie is a type of neck-tie that people of class wear.
The line is saying that he can beat you up with Tae Bo, the martial art form, while wearing a bow-tie, hence
Kicked your ass with class
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