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Largest Equity Investment Ever Committed to a Private Jet Travel Provider •Strategic Relationship with L Catterton, an ...
Flexjet said on Monday it had raised $800 million in a funding round led by L Catterton, a private equity firm backed by LVMH, valuing the U.S. jet operator at $4 billion just a couple of years after ...
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.
Flexjet, the world's second-largest private jet company, has been valued at around $4bn (£2.9bn) after securing $800m in new ...
LVMH affiliate provides Flexjet with private aviation’s ‘largest ever’ equity investment A consortium of investors led by L ...
KSL Capital Partners and J. Safra Group also backed the equity investment in Flexjet.
The US-based company's latest funding round has been led by private equity giant L Catterton - which itself is backed by ...
Flexjet (LXJ, Cleveland Cuyahoga Country) has secured USD800 million in a funding round led by United States-based private ...
A group of investors led by a LVMH-linked private equity firm is investing $800M in private jet operator Flexjet, according ...
The deal to take Flexjet public through a SPAC IPO is valued at $3.1 billion, which the company says is nearly 11 times the $288 million adjusted earnings expected for 2022. [Courtesy: Flexjet ...
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