Macdonald Henderson has advised Juniper Group, part of Vela Software and Constellation Software Inc. the TSX-listed publicly traded global software company on the acquisition of Traveltek, the travel technology solutions provider.
Macdonald Henderson’s deal team was led by Laura McKnight.
Dreu Szempruch, Chief Legal Officer of Juniper Group commented:
“Laura and the team at Macdonald Henderson helped us to complete our first acquisition in Scotland, and we were able to do so in record time. The team’s professionalism, speed, and flexibility made a complex diligence and negotiation a relatively straightforward affair, and closing the deal would not have been possible without them. I hope to have the pleasure of working with them all again soon.”
This partnership brings Traveltek into Juniper’s extensive global network, expanding Traveltek’s resources and enhancing Traveltek’s offerings in the UK, North America, and Australia.
Mal Barritt, CEO of Traveltek, shared: “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.”
Jaime Sastre, CEO of Juniper Group and Founder of Juniper Travel Technology added: “We are extremely excited to welcome Traveltek to Juniper Group. The Company’s talented management team and high-performance 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.”
Traveltek looks forward to this exciting new chapter with Juniper Group, delivering comprehensive travel technology solutions.
We are pleased to have advised Juniper Group on this milestone transaction, and wish the combined business, management team and all stakeholders every success for the future.
Legal advisors to Buyer – Macdonald Henderson Limited
Legal advisors to Sellers – Addleshaw Goddard LLP