DerbySoft Group Transaction with Constellation Software’s Juniper Group Officially Closes

DerbySoft Group, a global leader in high-performance connectivity and distribution for the travel industry, and Juniper Group, an operating group of Vela Software and part of Constellation Software Inc. (TSX: CSU), today announced the completion of Juniper Group’s previously announced acquisition of a majority interest in Derbysoft. With the transaction complete, DerbySoft Group, including PKFARE, has joined Juniper Group’s portfolio of vertical market software companies and continues to operate independently under its existing leadership team, led by Ted Zhang as Chief Executive Officer.

The addition of DerbySoft strengthens Juniper Group’s global travel footprint, expanding its presence across key markets, particularly in the U.S. and Asia, while reinforcing its continued investment in travel and hospitality technology.

“Our focus has always been on helping our partners navigate complexity and grow their businesses,” said Ted Zhang, CEO of DerbySoft Group. “What stood out to us about Constellation Software and Juniper Group is their long-term approach and commitment to allowing companies to operate independently. This gives us the confidence to stay focused on our customers, our roadmap, and the opportunities ahead, while also benefiting from being part of a broader travel technology ecosystem that can help us deliver even more value over time.”

“At Juniper Group, we’re focused on building a long-term home for exceptional software businesses while preserving what makes them successful,” said Jaime Sastre, CEO at Juniper Group. “DerbySoft plays an important role in the global travel landscape, and we’re excited to support its continued independent growth. The addition of DerbySoft expands our presence across key markets including the U.S. and Asia, strengthens our broader travel ecosystem, and enhances our ability to create more value across the network over time, while allowing each company to operate with the focus and autonomy that drives long-term success.”

DerbySoft will align with Constellation Software’s established financial and operational standards, supporting long-term, sustainable performance. Its platform, which spans connectivity, AI-driven marketing, and content solutions, will continue to evolve in line with its current roadmap.

“DerbySoft’s mission remains unchanged,” added Zhang. “We help our customers address complex travel commerce needs through our connectivity, marketing, and content solutions.”