General Atlantic Announces Investment in Plusgrade, Joining Existing Investor CDPQ [Yahoo! Finance]
Knowles Corporation (KN)
Last knowles corporation earnings: 2/4 04:05 pm
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US:NYSE Investor Relations:
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Source: Yahoo! Finance
NEW YORK & MONTREAL, March 04, 2024 BUSINESS WIRE )--General Atlantic, a leading global growth investor, today announced a strategic growth investment in Plusgrade, a global leader powering ancillary revenue solutions for the travel industry. With this transaction, Novacap will fully exit its stake in Plusgrade, and existing investor CDPQ will remain a significant shareholder. General Atlantic intends to partner with Plusgrade to support the company's continued growth, including through the acceleration of new business segments and go-to-market efforts, strategic M&A opportunities, and key operational initiatives. Over 200 partners worldwide across the airline, hospitality, cruise, passenger rail, and financial services industries trust Plusgrade's portfolio of leading ancillary revenue offerings and loyalty expertise to create incredible travel experiences and new revenue opportunities. In 2022, Plusgrade acquired Points.com, bringing together two of the largest sources of ancil
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