A consortium led by Singapore-based private equity firm RRJ Capital will make a $600 million equity investment in Vista, a private aviation group based in Dubai, according to an announcement on Tuesday.
US-based Andalusian Private Capital and other investors will participate in the funding joining investors such as Rhône Group LLC, which has been a longtime shareholder of Vista.
The transaction is expected to close before the end of March 2025.
Jefferies acted as financial advisor to Vista and UBS acted as financial advisor to RRJ.
Through this investment, the Group expects to optimise its capital structure, generate free cashflow, and reduce its debt levels.
“RRJ is pleased to become a long-term partner of Vista. 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,” said Richard Ong, Founder and CEO of RRJ Capital.
Founded in March 2011, RRJ Capital is a global investment firm with a strategic focus on industries including healthcare, financial institutions, technology, and logistics. Its portfolio companies are diversified across Asia Pacific, Europe and the US.
