Vista, the private aviation group, has announced a definitive agreement for a US$600 million equity investment from a consortium of investors led by RRJ Capital, a prominent Asian investment firm. This investment marks a major milestone in Vista's continued growth and reflects strong confidence in the group's strategic vision and business model.
The new capital injection is set to optimise Vista's capital structure, improve free cash flow generation and reduce overall debt. This aligns with Vista's commitment to accelerating its deleveraging efforts, diversifying its investor base and further strengthening its financial standing. The investment will also position the group for sustainable long-term growth in the private aviation sector.
Thomas Flohr, founder and Chairman of Vista, described the deal as a significant endorsement of the company's strategy and future plans. He welcomed RRJ Capital and the consortium, expressing his enthusiasm for the partnership and the opportunities it will bring. Flohr also highlighted the value of adding these new investors to Vista's carefully curated shareholder base.
Alongside RRJ Capital, Andalusian Private Capital and other partners will join the consortium, bringing a wealth of expertise and an expanded global network. They join existing shareholders such as Rhône Group LLC, who have been long-standing investors in Vista.
The transaction is expected to close by the end of March 2025. Jefferies served as financial adviser to Vista, while UBS advised RRJ Capital on the deal.
