Juniper Group acquires Deem to its travel technology portfolio
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As part of Juniper Group, Deem will continue to operate independently under its current leadership team and brand.
Juniper Group, an operating group of Vela Software and part of Constellation Software Inc., has announced the completion of its acquisition of Deem, a corporate travel management and booking platform that provides booking, procurement, and trip management solutions for corporations and travel management companies worldwide, from Travelport.
As part of Juniper Group, Deem will continue to operate independently under its current leadership team and brand while benefiting from Juniper Group’s long-term ownership philosophy focused on sustainable growth, operational continuity, and customer success. The acquisition was sponsored by Juniper Travel Technology, a business unit of Juniper Group.
Over the past several years, Deem is said to get strengthened its technology platform, expanded its operational capabilities, and developed deep integration with Travelport+.
“Deem is a strong business with differentiated capabilities, a highly experienced team, and deep, long-standing customer relationships,” said Jaime Sastre, CEO of Juniper Group. “The company further strengthens our travel technology portfolio and expands our presence in the U.S. and corporate travel markets.”
“Deem’s capabilities complement our travel technology offering. The company brings a highly respected platform, strong enterprise relationships, and meaningful expertise across the corporate travel ecosystem,” commented Juan Mateos, CEO of Juniper Travel Technology
Kyle Moore, President of Deem, noted, “Our time as a part of Travelport has created opportunities to better partner with corporations and TMCs that utilise Deem with the Travelport+ platform. That integration, alongside the multi-GDS capabilities of Deem, combined with the resources of Juniper Group, supports Deem’s continued service to its customers.”
John Mangelaars, CEO of Travelport, said, “We are proud of what the Deem team has built and achieved during its time with Travelport. Together we took a strong product and made it more competitive, better integrated, and well-positioned for growth.”
