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(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 ...
Largest Equity Investment Ever Committed to a Private Jet Travel Provider •Strategic Relationship with L Catterton, an ...
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 ...
The US-based company's latest funding round has been led by private equity giant L Catterton - which itself is backed by ...
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 ...
U.S. private jet operator Flexjet raised $800 million in a funding round led by LVMH-backed private equity firm L Catterton, valuing the company at about $4 billion, Financial Times reported on Monday ...
Private jet operator Flexjet, a key U.S. customer of Embraer , suggested on Thursday it would stand by a record deal with the ...