CDPQ invests in Plusgrade

Caisse de dépôt et placement du Québec said Nov. 28 that it invested CA$200 million ($150.2 million) in Plusgrade. CDPQ has acquired part of TA Associates’ stake in Plusgrade, a Montreal travel software firm. Morgan Stanley Canada Ltd served as financial adviser and Davies Ward Phillips & Vineberg LLP served as legal counsel to Plusgrade. Osler, Hoskin & Harcourt LLP served as legal counsel to la Caisse.

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