Merger and acquisition activity has been increasing in the travel technology world. Recent headlines bear out the trend and the figures back it up.
There are a number of companies focused on a travel technology roll-up that is seeing smaller players and some startups find a bigger home. But what is driving the increased activity? Are valuations more realistic and what are those acquiring companies and investors looking for?
Juniper Group, part of Vela Software, which is in turn one of six operating groups within Constellation Software, has made a string of acquisitions in recent months including Lleego and Vervotech. Vela, meanwhile acquired travel technology company Peakwork in April 2023.
Discussing…