Investment from private equity firm Rhône Capital
LONDON, Aug 23 (Bernama-GLOBE NEWSWIRE) -- VistaJet today announces that it has signed a ground breaking transaction with investment funds affiliated with Rhône Capital, which have invested $150 million of cash into the business. Together with secondary acquisitions, Rhône will have a $200 million stake in VistaJet, in a transaction valuing VistaJet’s equity on a post-money basis in excess of $2.5 billion. The investment is another key milestone in VistaJet’s growth story and a major vote of confidence in the Company’s strategy and business model.
LONDON, Aug 23 (Bernama-GLOBE NEWSWIRE) -- VistaJet today announces that it has signed a ground breaking transaction with investment funds affiliated with Rhône Capital, which have invested $150 million of cash into the business. Together with secondary acquisitions, Rhône will have a $200 million stake in VistaJet, in a transaction valuing VistaJet’s equity on a post-money basis in excess of $2.5 billion. The investment is another key milestone in VistaJet’s growth story and a major vote of confidence in the Company’s strategy and business model.
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