Plusgrade to acquire Points.com for $385m.

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.