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Largest Equity Investment Ever Committed to a Private Jet Travel Provider •Strategic Relationship with L Catterton, an ...
(Reuters) -Flexjet said on Monday it had raised $800 million in a funding round led by L Catterton, a private equity firm ...
The investment, the largest of its type in private aviation history, doesn't make Flexjet part of the LVMH family. But it ...
According to Jefferies Group, the investment marks the largest-ever equity fundraise in the private aviation space. The ...
The deal highlights the luxury industry's rapid expansion into the experience economy as wealthy consumers increase spending on travel, dining and events.
KSL Capital Partners and J. Safra Group also backed the equity investment in Flexjet.
Catterton—backed by luxury giant LVMH—has led an $800 million funding round for Flexjet, taking a roughly 20% stake that ...
The US-based company's latest funding round has been led by private equity giant L Catterton - which itself is backed by ...
Flexjet, the world’s second-largest private jet company, has been valued at around $4bn (£2.9bn) after securing £800m in new funding. The US firm’s latest funding round has been led by private equity ...
LVMH affiliate provides Flexjet with private aviation’s ‘largest ever’ equity investment A consortium of investors led by L ...
Flexjet Chairman Kenn Ricci told the Cleveland Business Journal that aviation is a "fun" industry to invest in. Here's what else he had to say.
Private jet operator Flexjet, a key U.S. customer of Embraer , suggested on Thursday it would stand by a record deal with the ...