Victor acquired by Abu Dhabi-based Aviation Investment Group

Jet charter company Victor has been acquired by an Abu Dhabi-based Aviation Investment Group.

Image: Victor

The acquisition supports Victor’s aim of becoming the number one on-demand private jet broker in the world. With support from its new shareholders, Victor is now well positioned to grow and expand into new markets and cement its position within the sector.

The new ownership follows a three-year growth plan set in motion by co-CEO’s Toby Edwards and James Farley in 2020. Both said there is a ‘desire’ from both parties to retain the three core fundamentals of Victor’s offering: Transparency, Customer Service and Sustainability.

Edwards said: “I am proud of the journey that Victor has taken to date and the huge opportunity that lies ahead. This acquisition will provide the financial and strategic backing to make our vision a reality. This includes Victor continuing to take a leadership role in making aviation more sustainable, and adopting the most credible carbon emission reduction solutions, such as Sustainable Aviation Fuel. The acquisition will not affect the transparent, high-quality service that has become the cornerstone of Victor’s offering. Our excellent service will remain consistent with what our global base of customers have come to trust and expect from our highly knowledgeable and talented team.”

Farley added: “In Victor, our new shareholders identified not only the team’s talent and ambition, but also their pioneering approach to climate action. From the very beginning of the engagement process, they understood the value drivers of Victor and the quality of its people and I have no doubt they will help the business prosper and significantly scale. We have found a great home for our company and Toby and I are very excited about the next stage of the journey.

“At this time, Toby and I would like to thank all the staff at Victor for their patience throughout this process and their commitment to the vision and their work over the past 11 years to get us to this point. Our company is only in a position to evolve and scale because of them and those that have backed us. With that in mind, I'd also like to thank all our previous shareholders, especially Clive our founder and former shareholder, who led the management buyout in March 2020 and backed myself and Toby to run the business. He departs us today as Chairman with a legacy at Victor that is immeasurable.”