Pune, INDIA, August 18th, 2023 – The Juniper Group, a prominent entity within the operating portfolio of Vela Software (“Vela”) and Constellation Software, Inc. (“CSI”) (TSX:CSU), is thrilled to announce its successful acquisition of Vervotech Solutions Pvt. Ltd. (“Vervotech”). Vervotech, a dynamic and rapidly expanding travel software company, specializes in offering innovative accommodation data solutions, including Hotel Mapping, Room Mapping, and Hotel Curated Content.
Amid this strategic collaboration, Vervotech remains steadfast in its mission to revolutionize, standardize, and enhance global accommodation data. The company will operate independently while tapping into the robust travel software ecosystem developed by the Juniper Group. This integration empowers Vervotech to forge partnerships with an even broader spectrum of tech collaborators and clients, aligning seamlessly with the Juniper group of companies.
The acquisition of Vervotech is championed by Juniper Travel Technology, a foremost partner in the Travel Industry software sector. With a footprint spanning across 50 countries and backed by more than 400 customer and supplier integrations, Juniper Travel Technology is primed to bolster Vervotech in its daily operations, while fueling the momentum behind its sustained growth and innovative strides.
Juan Mateos, General Manager of Juniper Travel Technology, articulated the rationale behind the acquisition: “We are thrilled to have sponsored the acquisition of Vervotech for two key reasons: to ensure that our existing and future customers who rely on our Juniper Booking Engine benefit from best-in-class mapping solutions, and to collaborate closely with another team of talented and innovative travel software experts.”
Sanjay Ghare, CEO and co-founder of Vervotech, shared his enthusiasm: “Joining forces with Juniper presents an exceptional opportunity for Vervotech to make a profound impact on the global travel industry. Through the amalgamation of our expertise with Juniper’s industry-leading booking engine, we are set to deliver unparalleled value to our clients and partners, while solidifying our global presence.” Mr. Ghare will continue to lead Vervotech’s business and strategy in his current capacity.
About Vervotech: Vervotech pioneers the mapping of hotel inventory and streamlines accommodation-related challenges, significantly reducing booking errors through its cutting-edge Hotel Mapping and Room Mapping solutions. Moreover, the company revolutionizes the end-user experience by delivering comprehensive hotel master content. Learn more at https://vervotech.com.
About Juniper Travel Technology: Juniper Travel Technology, a pivotal division of the Juniper Group, is a global trailblazer in travel software. It provides industry-leading booking and connectivity solutions to an array of players, including Tour Operators, Wholesalers, Online Travel Agencies (OTAs), Bed Banks, Airlines, and Shipping Companies. Discover more at https://ejuniper.com.
About Juniper Group: Juniper Group, a dynamic presence in the Vela Software and Constellation Software operating portfolios, is committed to acquiring, managing, and cultivating world-class businesses for the long term. The group’s scope spans verticals such as travel, aviation, banking, insurance, healthcare, public sector, and oil & gas. Explore further at https://juniper-group.com.
For media inquiries, please contact: marketing@ejuniper.com.
