Ancillary revenue leader Plusgrade completes US$385 million acquisition of loyalty commerce platform Points

Acquisition creates a new global leader in ancillary revenue for the travel industry
Plusgrade is now expected to generate over US$3.5 billion in new revenue opportunities for its partners through 2023
Acquisition creates unmatched scale in the global travel industry, expanding from 80 to over 140 partners globally

MONTREAL, June 30, 2023 /PRNewswire/ – Plusgrade, a leading ancillary revenue platform for the global travel industry, today announced that it has completed its previously announced acquisition of Points.