InteRES joins Juniper Group

This transaction also marks the shift in InteRES’s ownership, as TUI Deutschland GmbH, alongside the founder and current owner Volker Herrmann of InteRES, has sold its minority stake in shares to Juniper Group.

Peakwork, who joined Juniper Group back in April 2023, has internally sponsored this transaction for Peakwork and the rest of Juniper Group’s travel businesses to materially increase their expert power in complex connectivity and digital retailing solutions, as well as to strengthen their offering to their long-standing partners in the airline industry.

Under the new ownership, InteRES will maintain its independent brand and positioning in the market, benefiting from a close cooperation with Peakwork and the rest of Juniper Group’s peers in their core markets.

“We are delighted to welcome InteRES to our network of travel software companies. InteRES’ talented and experienced employees bring in a unique skill set in the airline industry, while we are also excited about being able to offer its customers, partners and employees exclusive access to our leading end-to-end travel software network globally from now on”, said Jaime Sastre, CEO of Juniper Group and Founder of Juniper Travel Technology. Manuel Saballus, CEO of Peakwork, added: “Working very closely with the team at InteRES will make all mutual and new clients benefit from potential synergies and open new opportunities for both sides. We have known InteRES for a long time, and we are amazed that the experienced leadership and team will join the family of Juniper Group and Peakwork”.

Volker Hermann, CEO and Founder of InteRES, commented: “We are proud to have found Juniper Group to become our long-term partner who will allow us to significantly accelerate our future growth and ensure a forever home for our customers and employees. Joining Peakwork and Juniper Group allows us to find synergies with other international travel tech companies, enhancing our capabilities and B2B distribution on a global scale. We look forward to the upcoming collaborations with Juniper Group’s other companies to boost our business and add incremental value to our products and services”.

Munich-based M&A advisory firm Ennea Capital Partners supported Herrmann Holding on the transaction.

About InteRES:

InteRES was founded in 1997. Many have come and gone since then, but InteRES ranks among the first three providers of internet booking technology still in business. What better proof of reliability and trust is there than being in the business for over 25 years? Every successful travel distribution organization must ensure the delivery of relevant flight content. With our products, you make it certain. More information at https://interes.com.

About Peakwork:

Established in 2009, Peakwork specializes in dynamic packaging and distribution software for the travel industry. With its unique Player Hub Technology©, Peakwork has created a dynamic production and distribution network that connects global supply and demand.

Leading tour operators and service providers rely on Peakwork solutions for dynamic travel production, connecting to global hotel and flight suppliers. Designed for high traffic, Peakwork’s technology integrates with global metasearch and distribution networks, ideal for scalable international travel distribution. More information at https://peakwork.com.

About Juniper Group:

Juniper Group, a portfolio of Vela Software and Constellation Software, is a fast-growing software conglomerate of Vertical Market Software companies, having a particular focus on travel & hospitality, manufacturing & logistics, finance, banking & insurance, healthcare, public sector and oil & gas verticals.

Juniper Group currently employs over 2,300 employees all over the world. More info at https://juniper-group.com.