XO Global LLC

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XO Global LLC - overview

Established

2006

Location

Fort Lauderdale, FL-Florida, US

Primary Industry

Transportation Services

About

XO Global LLC is a leading private aviation company offering on-demand jet charters and membership services, enabling clients to access a vast fleet of aircraft efficiently and flexibly. Founded in 2006 in Fort Lauderdale, US, XO Global LLC specializes in private aviation services. The company was involved in a significant transaction in September 2018, when Vista Global Holding Limited agreed to acquire XOJet’s business aviation fleet and commercial operations. Paul Touw and Keith Krach as XOJET founders.


XO operates as a comprehensive global private aviation network, providing access to selected aircraft across various cabin classes. Their core offerings include on-demand private jet charters, which can be booked instantly through a mobile application, covering an extensive range of over 60,000 routes worldwide. XO primarily serves high-net-worth individuals, corporate clients, and organizations needing flexible air travel solutions, with operations concentrated in both domestic markets across the United States.. XO generates revenue through a combination of private charter bookings and membership subscriptions.


The transaction structure typically involves clients engaging directly with the company to secure private jet services, which may include both one-time charters and ongoing memberships that provide enhanced benefits. This structure allows clients to choose between pay-per-flight options or membership packages that offer exclusive access to a wider range of aircraft and services. Each flight can be customized according to the client’s needs, with pricing mechanisms reflecting aircraft type, distance, and service level. The company's unique offerings, particularly the Vista Members' fleet and associated perks such as VIP access to high-profile events, further enhance its value proposition in the competitive private aviation sector.


XO Global LLC plans to leverage its recent Growth funding round of USD 470. 00 mn to bolster its operations and expand its service offerings. Following the acquisition of XOJet's business aviation fleet and commercial operations in September 2018, XO aims to enhance its product lineup and improve customer service. Future growth will also focus on expanding its reach into new geographic markets, particularly in Europe and Asia, within the next few years.


Current Investors

TPG, Aabar Investments

Primary Industry

Transportation Services

Sub Industries

Airlines & Air Travel

Website

www.flyxo.com

Verticals

Mobile Apps

Total Amount Raised

Subscriber access only

XO Global LLC - 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)
Trade SaleCompletedXO Global LLC-
Add-onCompletedXOJet’s business aviation fleet and commercial operations-
GrowthCompletedXO Global LLC-
Private DebtCompletedXO Global LLC-

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XO Global LLC - employee data

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