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Private jet flight provider Flexjet said on Monday it had raised $800 million in a funding round led by L Catterton, a ...
L Catterton, the private equity firm backed by French billionaire Bernard Arnault, led a $800 million equity investment in ...
Largest Equity Investment Ever Committed to a Private Jet Travel Provider •Strategic Relationship with L Catterton, an ...
The deal highlights the luxury industry’s rapid expansion into the experience economy as wealthy consumers increase spending ...
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 ...
A group of investors led by a LVMH-linked private equity firm is investing $800M in private jet operator Flexjet, according ...
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 funding comes as Flexjet looks to expand its fleet to meet rising demand from technology and cryptocurrency entrepreneurs, the report said. Flexjet did not immediately respond to a Reuters request ...
Biggest rival to NetJets valued at $4bn in $800mn round as it seeks to tap booming demand from young super-rich ...
Catterton—backed by luxury giant LVMH—has led an $800 million funding round for Flexjet, taking a roughly 20% stake that values the private jet company.