Announced
Financials
Tags
Friendly
it consulting
Pending
Canada
Acquisition
IT Services: Other
Public
Majority
Single Bidder
Domestic
Synopsis
Plusgrade, an operator of a SaaS-based revenue optimization platform, agreed to acquire Points.com, a provider of powering loyalty commerce, for $385m. “We are thrilled to be joining forces with Plusgrade in what will become a truly global leader and provider of value-adding and revenue-generating services for partners in the airline, hospitality, rail and financial services industries. Additionally, we have benefitted from a supportive group of shareholders over the past number of years and are pleased to have created this compelling outcome," Rob MacLean, Points.com CEO.
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