4 days ago
- Business
- Wall Street Journal
L Catterton Leads $800 Million Investment in Private-Jet Company
Consumer-focused private-equity firm L Catterton has led an $800 million investment in private-aviation company Flexjet, in a bet on the continued growth in demand for luxury travel.
Other investors that backed the deal include travel- and leisure-focused private investment firm KSL Capital Partners and international conglomerate J. Safra Group.