Eldridge Industries congratulates Flexjet, a global leader in private aviation, on the $800 million equity investment from a group led by L Catterton, a market-leading consumer-focused investment firm, with participation from KSL Capital Partners, LLC and the J. Safra Group.

Eldridge Industries, an owner in Flexjet since 2013, has supported the company as it captures market share in the large and accelerating private aviation market. Flexjet’s global network, partnerships with leading lifestyle brands, extensive fleet, and proprietary technology have contributed to its significant growth.

“When we first invested in Kenn and his team at Flexjet over a decade ago, we saw a tremendous company with a proven management team and significant potential upside. The business delivers the truly bespoke travel experience that the luxury market seeks; one based on the deep understanding of maximizing its clients’ time,” said Todd Boehly, Co-founder, Chairman and CEO, Eldridge Industries and Chairman of Eldridge. “As luxury customers continue to choose high-end experiences, Flexjet is the leader in providing unrivaled service to its clients as they enjoy the most cutting-edge fleet of aircraft in the market.”

Flexjet first entered the fractional jet ownership market in 1995 and is celebrating its 30th anniversary.

About Eldridge Industries

Eldridge Industries invests in businesses across the Insurance, Asset Management, Technology, Mobility, Sports & Gaming, Media & Music, Real Estate, and Consumer landscapes. The firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge Industries has offices in Miami, Greenwich, Beverly Hills, New York, and London. To learn more about Eldridge Industries, please visit eldridgeind.com.

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