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 TypeDeal StatusTarget (s)Deal DateInvestor(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 SaleAnnouncedPS (The Private Suite)-
Company FormationCompletedPS (The Private Suite)-

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