March 01, 2024

General Atlantic invests in Plusgrade Inc.

Goodmans LLP acted as Canadian counsel to General Atlantic, a leading global growth investor, in connection with its strategic growth investment in Plusgrade Inc., a global leader powering ancillary revenue solutions for the travel industry with over 200 partners worldwide across the airline, hospitality, cruise, passenger rail and financial services industries.

This transaction represents a significant investment by General Atlantic in a leading Montreal-based digital company. General Atlantic purchased Novacap’s entire minority stake in Plusgrade, as well as shares owned by Caisse de dépôt et placement du Québec and other investors.

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