Global Trade Alert
Global Trade Alert

Canada: The investment screening authority clears General Atlantic's investment into Plusgrade

Announcement

29 Feb 2024

In February 2024, the Canadian foreign investment screening authorities cleared the investment by General Atlantic, a U.S. private equity company, into Plusgrade, a Canadian enterprise providing software solutions to the global travel industry.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

29 Feb 2024

Revocation date:

No revocation date

Announced: 29 Feb 2024
FDI: Entry and ownership rule In force
In February 2024, the Canadian foreign investment screening authorities cleared the investment by General Atlantic, a U.S. private equity company, into Plusgrade, a Canadian enterprise providing softw...
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