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New Deal


Announced

Completed

flyExclusive went public via a SPAC merger with EnTrust Global and GMF Capital-backed EG Acquisition in a $600m deal.

Financials

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Transaction Value£536m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

De-SPAC

Majority

Acquisition

Merger

Reverse Takeover

Single Bidder

Private Equity

Private

private jet

Airlines

Domestic

Friendly

Completed

Synopsis

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flyExclusive, a provider of private jet transportation services, went public via a SPAC merger with EnTrust Global and GMF Capital-backed EG Acquisition, a special purpose acquisition company, in a $600m deal. “Today marks another milestone in our company’s mission to elevate the private aviation experience. We built flyExclusive around the value that minutes matter for our customers, and this principle will continue to guide the disciplined approach that has defined our success in the industry," Jim Segrave, flyExclusive CEO.

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