Flexjet Gets a Record $800M Investment From LVMH-Backed L Catterton

Flexjet has closed an $800 million equity from L Catterton, a consumer-focused investment firm, KSL Capital Partners and the J. Safra Group. The aviation company described it as the “largest equity investment in the history of private aviation.”

“L Catterton, with its special relationship with LVMH and its family of brands, provides the perfect opportunity for collaborating in areas such as consumer insights, brand strategies, retail expansion, and luxury product…