10 May 2023

Taylor Wessing advises Juniper Group on acquisition of peakwork AG

Led by Hamburg M&A partner Jan Riebeling, Taylor Wessing has advised Juniper Travel Group (the travel portfolio of Vela Software) on its acquisition of peakwork AG, a specialist in dynamic packaging and distribution connectivity for the global travel industry.

Juniper Group, a portfolio of Vela Software and Constellation, is a fast-growing software conglomerate of Vertical Market Software companies, having a particular focus on travel, aviation, banking, insurance, healthcare, public sector and oil & gas verticals. Juniper Group currently employs over 1,500 employees all over the world. For Vela Software and Constellation, the acquisition of Peakwork is an important milestone in becoming one of the world's leading travel technology providers through Juniper Travel Group.

Vela Software is a subsidiary of Constellation Software, a TSX-listed company. Constellation Software operates in over 100 countries and dozens of industries.

Legal adviser Vela Software / Juniper Group

Taylor Wessing Germany: Dr Jan Riebeling (Lead, Partner, Corporate / M&A, Hamburg), Dr Carsten Schulz (IT/Technology, Partner, Hamburg), David Mallmann (IT/Technology, Associate, Hamburg), Dr Jan Kern (Employment, Partner, Hamburg), Jonas Warnken (Employment, Salary Partner, Hamburg), Marco Hartmann-Rüppel (Competition, Partner, Hamburg), Jan Seebass (Commercial, Associate, Munich), Maximilian Höving (Commercial, Associate, Munich), Lisa Seidel (Professional Support Lawyer, Corporate, Hamburg/Berlin), Niels Heim (Real Estate, Associate, Hamburg), Galya Stareva (Professional Support Lawyer, Real Estate, Hamburg); Donata v. Enzberg (Disputes, Partner, Hamburg).,

Inhouse: Andreu “Dreu” Szempruch (Chief Legal Officer Juniper Group), Gonzalo Mateos (Legal Counsel)

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