RRJ Capital an Asian private equity firm is leading a $600m investment in Vista.
The cash will be used to pay down debt.
“RRJ are very pleased to become a long-term partner to Vista, the leading private jet company in the world,” said Richard Ong, founder and CEO, RRJ Capital. “With over 20 years of industry innovation, and a global presence across all markets, this strategic investment in Vista marks an exciting new chapter in our shared journey.”
Andalusian Private Capital and other unnamed firms are investing alongside RRJ. Rhone Capital, which first invested in Vista in 2017 remains an investor.
The transaction is expected to close before the end of March 2025. Jefferies advised Vista with UBS acting for RRJ.
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