Return to search

XOJET Raises $363 Million

XOJET, an Atlanta-based private aviation company, has raised $143 million in private equity and debt financing from TPG and Lehman Brothers GPS. It also has secured an additional $220 million in aircraft lease financing from Lehman Brothers GPS. It was advised by Morgan Stanley on the deal, and has added three new board members: David Bonderman, chairman and CEO of TPG; David Siegel, chairman and CEO of Gate Gourmet; and William McGlashan Jr., partner and managing director of TPG Growth.