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LVMH PE firm invest in Flexjet

Flexjet valued at $4 billion after securing funding from LVMH-backed private equity firm

Private jet flight provider 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 company at $4 billion just a couple of years after a botched deal with Todd Boehly’s SPAC.

Forbes · 9h

LVMH And Arnault Join Private Jet Fray Via $800 Million Flexjet Investment

Two of the world's 10 richest men will be squaring off in the battle for UHNW private jet clients. Bernard Arnault via Flexjet will be competing against Warren Buffett's NetJets.

CNBC on MSN · 19h

LVMH-backed investor group takes 20% stake in private jet company Flexjet

The deal highlights the luxury industry's rapid expansion into the experience economy as wealthy consumers increase spending on travel, dining and events.

20h

FLEXJET RAISES $800 MILLION EQUITY INVESTMENT FROM INVESTMENT GROUP LED BY L CATTERTON

Largest Equity Investment Ever Committed to a Private Jet Travel Provider •Strategic Relationship with L Catterton, an ...

AeroTime20h

Flexjet receives $800M investment from investors led by LVMH-linked firm: FT

A group of investors led by a LVMH-linked private equity firm is investing $800M in private jet operator Flexjet, according ...

Aviation Week Network14h

LVMH-Led Consortium Invests $800M In Flexjet

LVMH-Led Consortium Invests $800M In Flexjet is published in The Weekly of Business Aviation, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

6don MSN

LVMH's luxury label Loro Piana placed under court monitoring over alleged labor abuse, undocumented workers

LVMH-owned Loro Piana becomes fifth Italian brand facing judicial oversight amid crackdown on exploitation of illegal workers ...

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