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Glasgow, United Kingdom, October 30th, 2024 – Juniper Group, an operating group of Vela Software and Constellation Software, Inc. (TSX:CSU), is pleased to announce the acquisition of Traveltek, an innovative suite of travel technology solutions that simplifies the process of searching, booking, and managing leisure travel.
This strategic acquisition represents another relevant milestone for the Travel & Hospitality arm of Juniper Group in its pursuit of being recognized as the leading end-to-end travel software partner globally. With this achievement, Juniper Group expands its presence in the United Kingdom, Australian, and North American markets and allows each party to mutually expand and grow their product offering to clients.
“We are extremely excited to welcome Traveltek to Juniper Group. Traveltek’s talented management team and high performing technology stack are a fantastic addition to our portfolio of travel software companies. Together, we can deliver more comprehensive solutions and meet the full range of technology needs for our customers and partners” said Mr. Jaime Sastre, CEO of Juniper Group and Founder of Juniper Travel Technology.
Mal Barritt, CEO of Traveltek, commented: “We are absolutely thrilled to become part of Juniper Group, and the wider Vela Software and Constellation Software family. Leading Traveltek into this new chapter is a proud milestone. This offers our customers unparalleled access to a broader array of resources and industry-leading products. Importantly, it also provides an exciting and sustainable home for Traveltek, where our team will have new growth and development opportunities.”
About Traveltek:
Traveltek is one of the world’s leading travel technology providers. A pioneer in its field, the company has been delivering innovative solutions to travel businesses for over 25 years. Traveltek’s award-winning product suite processes billions of travel transactions globally for over 200 customers. More information at www.traveltek.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 2,250 employees all over the world. More info at https://juniper-group.com.
