Plusgrade Acquires Points.com for US$385 Million

June 30, 2022

Plusgrade, a leading ancillary revenue platform for the travel industry, has acquired Points.com Inc. in an all-cash transaction valuing Points at approximately US$385 million. The deal combines two leaders in loyalty commerce and ancillary revenue to expand product capabilities and create a global ancillary revenue powerhouse serving airlines, hospitality, rail and financial services partners.

Buyers
Plusgrade, Novacap, Caisse de dépôt et placement du Québec (CDPQ)
Targets
Points.com Inc. (Points)
Sellers
Points.com shareholders
Industry
Cloud & SaaS
Location
Ontario, Canada
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.