PS (The Private Suite)
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PS (The Private Suite) - overview
Established
2017
Location
Los Angeles, CA, US
Primary Industry
Telecoms
About
Based in California, US, and founded in 2017, The Private Suite LAX, LLC, dba PS, is a private luxury terminal serving commercial flights at Los Angeles International Airport. In October 2017, FactoryMade Ventures and TPG formed The Private Suite LAX, LLC. As of 2024, the company is led by its CEO, Amina Belouizdad Porter. The company offers a private terminal oasis for travelers, providing amenities and services to elevate their journey.
The firm offers guests three distinctive ways to travel: the salon, a social space away from crowded lounges; the private suite, providing luxury and privacy; and PS Direct, offering chauffeured transport directly from the aircraft to their destination. PS provides a travel experience, from expedited TSA screenings to customs and immigration clearance, as well as luggage assistance, personalized delivery services, and car escorts that enhance convenience and comfort. The organization generates revenue through its annual pricing plans, which include the all-access membership plan for USD 4,850 and the salon membership plan for USD 1,250.
Current Investors
TPG, FactoryMade Ventures
Primary Industry
Telecoms
Sub Industries
Hospitality Services, Airlines & Air Travel
Website
www.reserveps.com/
Total Amount Raised
Subscriber access only
PS (The Private Suite) - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Announced | PS (The Private Suite) | - | ||||||||
| Company Formation | Completed | PS (The Private Suite) | - |
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