Juniper Group Acquires Vervotech, a Leading Hotel and Room Mapping Solutions Provider
18 Août 2023 - 9:00AM
Business Wire
Juniper Group is a distinguished portfolio company of Vela
Software and one of the esteemed operating groups of Constellation
Software Inc., a TSX-listed publicly traded company.
Juniper Group is excited to announce the successful acquisition
of Vervotech, a tech start-up making significant strides in the
Travel Industry with innovative products, particularly hotel
mapping and room mapping solutions.
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the full release here:
https://www.businesswire.com/news/home/20230817434096/en/
Vervotech Becomes Part of Juniper Group
(Photo: Business Wire)
Vervotech's flagship product, Vervotech Mappings, has gained
widespread recognition in the travel sector for its ability to
ensure consistency and accuracy in hotel data. This strategic
addition complements Juniper's powerful booking engine, setting the
stage for a synergistic collaboration that aims to revolutionize
the industry.
With this acquisition, Vervotech gains access to Juniper's
extensive resources and vast industry knowledge. This empowers the
company to enhance the capabilities of its products, making them
more intelligent and efficient, while also investing further in
research and development to remain at the forefront of cutting-edge
travel technology.
"Joining forces with Juniper is an incredible opportunity for
Vervotech to impact the global travel industry. By combining our
expertise with Juniper's industry-leading booking engine, we'll
deliver unparalleled value to our customers and partners," said
Sanjay Ghare, Co-founder and CEO of Vervotech. "Leveraging
Juniper's network and resources, we aim to establish a strong
foothold in Europe, North America, and the Middle East, providing
cutting-edge solutions to a diverse range of travel companies and
enhancing their business performance."
With this acquisition, Vervotech will continue to operate
independently, driven by the same passion and dedication that has
made them a leading force in the travel technology sector. This
will enable Vervotech to integrate with more tech partners,
alongside Juniper Travel Technology, allowing the company to serve
more customers around the world.
"We are excited to welcome Vervotech to the Juniper family,"
said Jaime Sastre, CEO at Juniper Group. "Their mapping products
and solutions perfectly align with our vision of driving
transformation in the travel industry through advanced technology.
With Vervotech's expertise, we are confident in providing our
customers and our travel technology companies with even more
comprehensive and reliable mapping solutions, empowering them to
thrive in today's competitive landscape."
About Juniper Group: Juniper Group, an
operating portfolio of Vela Software and Constellation Software
(TSX: CSU) focused on acquiring, managing, and building world-class
businesses forever, is a fast-growing family of Vertical Market
Software companies operating in travel, aviation, banking,
insurance, healthcare, public sector and oil & gas
verticals.
About Vervotech: Vervotech is a tech
start-up known for its ground-breaking products, including
Vervotech Mappings, which has gained recognition in the travel
industry for its data accuracy and consistency. Vervotech's
solutions empower travel companies to streamline hotel data and
elevate their customer experiences.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230817434096/en/
For media inquiries and further information, please contact:
Anurag Mittal CMO, Vervotech anurag@vervotech.com
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