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.

Goodmans is recognised for its representation of clients in the finance, technology, life sciences and healthcare sectors, advising companies on significant investments, such as strategic investments, growth equity investments and venture funding. The law firm also has notable capabilities outside of Canada, advising clients on cross-border matters often involving the United States and Europe. — Chambers Canada
"Goodmans understands the practical realities that startups face." — Chambers Global
The practice group at Goodmans LLP is routinely called upon by public and private companies, venture capital companies, institutional investors, lenders and government agencies seeking assistance with a range of advisory, transactional and contentious technology mandates. — The Legal 500 Canada
They are extremely diligent and hard-working. They offer very good customer service and solid advice. — Chambers Canada
The Goodmans team is very strong and has a deep bench that is capable of handling complex and sophisticated matters. — Chambers Canada
...a compact investment funds practice that is acknowledged for its representation of domestic and cross-border private equity and pension funds. — Chambers Canada
One client noted, "The team are highly proficient in REITs, including cross-border REITs," adding, "They are also responsive and miss nothing." — Chambers Canada
One client noted, "Goodmans are very responsive," adding "They're good at thinking through new or difficult issues." — Chambers Canada
Clients note, "They are focused on responding in a timely fashion and the advice is user-friendly." — Chambers Canada
A major player in the private equity space....The firm advises on transactions in the private equity secondary market and is recognised for its representation of funds clients in corporate restructuring and recapitalisation mandates. — Chambers Canada
Goodmans represents institutional investors and large private equity firms in cross-border deals on both the buy and sell sides, with industry expertise covering IT, energy, and real estate. — Chambers Canada
The team wins recognition for its experience in the private equity secondary market and has considerable experience in the structuring and formation of funds. — Chambers Canada

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General Atlantic invests in Plusgrade Inc.

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General Atlantic invests in Plusgrade Inc.

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