Juniper Group Expands Travel Technology Ventures by Acquiring Deem

In a significant move for the corporate travel sector, Juniper Group — an operating arm of Vela Software within Constellation Software Inc. — has announced the completion of its acquisition of Deem from Travelport. This strategic acquisition aims to bolster Juniper's travel technology ecosystem and fortify its presence in the U.S. market, bringing innovative solutions to corporations and travel management companies.

Deem is a renowned platform specializing in corporate travel management and booking solutions, providing essential services like booking, procurement, and trip management that cater specifically to the needs of businesses globally. The platform has made substantial advancements to its technology, enhancing its operational capabilities while achieving deep integration with Travelport+. This integration allows for better access to travel content and streamlines workflows for corporate travel professionals.

Despite the acquisition, Deem will maintain its operational autonomy under its current leadership team and brand. This will ensure continuity in services and a focus on customer success — core tenets that Juniper Group embraces in its ownership philosophy.

Jaime Sastre, CEO of Juniper Group, expressed optimism regarding this acquisition, stating, “Deem is a strong business with differentiated capabilities that enhance our travel technology portfolio. With its exceptional team and established customer relationships, we're strengthening our foundations in both the U.S. and corporate travel sectors.”

Juan Mateos, CEO of Juniper Travel Technology — the subsidiary responsible for the acquisition — added, “Deem's robust capabilities perfectly complement our technology offerings. The platform has a strong reputation and many significant enterprise relationships, making their expertise invaluable across the corporate travel landscape.”

As the news is made public, Kyle Moore, President of Deem, mentioned, “We are thrilled about this new chapter. Our association with Travelport has opened many doors, allowing us to enhance partnerships with corporations and travel management companies using the Deem platform integrated with Travelport+. This collaboration, alongside Deem's multi-GDS capabilities, will enable us to continue providing excellent service to our clients.”

John Mangelaars, CEO of Travelport, reflected on Deem’s journey under Travelport, commenting, “We are proud of what the Deem team has achieved. They have developed a competitive and well-integrated product ready for future growth. Juniper Group provides a focused strategic environment that is perfect for Deem’s ongoing development, and we look forward to continuing our partnership.”

The acquisition underscores Juniper Group's commitment to expanding its travel technology offerings. As travel demands evolve, companies like Deem play a pivotal role in adapting technology solutions that keep businesses connected and operationally sound.

About Juniper Group

Juniper Group operates as part of Constellation Software Inc., focusing on acquiring and managing vertical market software enterprises. It encompasses a variety of businesses in the travel and hospitality technology sectors, allowing its companies to operate independently while harnessing shared resources and expertise.

About Deem

Deem provides a comprehensive corporate travel management solution, delivering workflows designed for booking, procurement, and trip management for businesses across the globe. To learn more, visit Deem's Website.

About Travelport

Travelport is a leading global distribution system helping connect travel providers and buyers through its premier platform, Travelport+. By providing a next-generation marketplace for bookings, Travelport simplifies connections and redefines how travel is sold. The company operates in over 165 countries, making it an integral part of the global travel industry. For more details, you can visit Travelport's Website.