Announced

Completed

Wheels Up went public via a SPAC merger with L Catterton-backed Aspirational Consumer Lifestyle in a $2.1bn deal.

Synopsis

Wheels Up, a private aviation with its technology-driven marketplace, expanding the addressable market and making private air travel, went public via a SPAC merger with L Catterton-backed Aspirational Consumer Lifestyle in a $2.1bn deal. "When we founded Aspirational, Wheels Up was exactly the kind of company we wanted to partner with. Kenny and his world-class team have created a truly iconic brand built upon years of exceptional, personalized customer experiences. They are a clear leader and innovator in the space and we look forward to working together to introduce Wheels Up to the global stage. We see many opportunities to leverage our experience and relationships to partner with other aspirational and luxury brands and to expand to international markets," Ravi Thakran, Aspirational Chairman & CEO.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US