Rhone Capital-backed Vista Global to acquire JetSmarter.

Rhone Capital-backed Vista Global, a world leader in business flight solutions, is set to acquire JetSmarter, a mobile community for shared and private flights. As part of the transaction, all JetSmarter investors, inclusive of Clearlake Capital and Jefferies Financial Group, will become investors in Vista Global. Financial terms were not disclosed. “Today’s acquisition is an important milestone for Vista Global – accelerating and executing our vision of digitizing the entire private aviation offering. Customers today want speed, reliability and value, which in today’s world is only possible with technology. Vista Global’s reach and infrastructure will take JetSmarter to the global stage to fully realize its potential. JetSmarter’s technology will digitalize Vista Global’s market-leading customer offering to Program Members and On Demand customers,” Thomas Flohr, Vista Global Founder and Chairman.