.
MergerLinks Header Logo

New Deal


Announced

KKR to invest $40m in Jet Edge International.

Financials

Edit Data
Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Minority

Domestic

Single Bidder

Acquisition

Private

Pending

Private Equity

Aerospace

Friendly

United States

private aviation

Synopsis

Edit

KKR, a global investment firm, agreed to invest $40m in Jet Edge International, an Ohio-based global leader in full-service private aviation responsible for operating the largest fleet of Challenger and Gulfstream aircraft available for charter in the United States. Financial terms were not disclosed. "We are pleased to invest in the growth of Jet Edge as a premier scaled private aviation operator with a leading membership program and world-class super-mid and large cabin fleet. At a time when the private aviation industry is experiencing historically high demand, the Jet Edge team continues to impress us with its innovative solutions to age-old inefficiencies and strong operational execution," Dan Pietrzak, KKR Partner.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US