{"id":631,"date":"2015-07-15T08:45:16","date_gmt":"2015-07-15T14:45:16","guid":{"rendered":"http:\/\/flightlistpro.com\/private-jet-charter\/?p=631"},"modified":"2015-07-15T08:45:16","modified_gmt":"2015-07-15T14:45:16","slug":"broker-victor-youngjets-acquisition","status":"publish","type":"post","link":"https:\/\/flightlistpro.com\/private-jet-charter\/broker-victor-youngjets-acquisition\/","title":{"rendered":"Charter Broker Victor Expands in U.S. With YoungJets Acquisition, $5M Additional Funding"},"content":{"rendered":"

Announced today, European based charter brokerage Victor, acquires U.S. broker YoungJets to lead expansion in North America. \u00a0YoungJets founder and CEO David Young<\/span> will also join to serve as Victor’s senior vice president of the U.S. market.\"Victor<\/a><\/p>\n

In addition, according to Victor the company has secured $5M<\/span> in funding from investor customer.\u00a0 This second closing round augments a previously announced $8M<\/span>, making a total of $13M<\/span> invested in private equity from its own clientele during the last 90 days.\u00a0 The funds will be used for customer acquisition and scaling of the technology to meet growing demand.\u00a0 As the company continues to expand it will be pursuing institutional funding later this year.<\/p>\n

Veteran aviation executive Levent Edepli<\/span>, formerly of Sentient Jet, Jet Edge and more recently Jet Linx, has also joined Victor to oversee logistics and operations for North America<\/span>. \u00a0Edepli, as Victor’s vice president of operations and customer service for North America<\/span>, will focus on developing and managing supplier relationships and operational excellence.\u00a0 He spent 10 years at Sentient Jet co-managing the sourcing department for member flights and establishing a large, customized vendor network.<\/p>\n

“Victor is focused on expanding its global business in a manner that maximizes operations efficiency and customer service expertise at market entry; and the addition of our funding, the YoungJets team and Levent does just that,” said Victor CEO Clive Jackson<\/span>.\u00a0 “David Young<\/span> has an incredible reputation in the entertainment industry and brings a specialized team that expertly handles complex travel for high-profile jet charter clients.\u00a0 Bringing both David and Levent into the executive ranks further rounds out our management team with world-class talent in the aviation market.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Announced today, European based charter brokerage Victor, acquires U.S. broker YoungJets to lead expansion in North America. \u00a0YoungJets founder and CEO David Young will also join to serve as Victor’s senior vice president of the U.S. market. In addition, according to Victor the company has secured $5M in funding from investor customer.\u00a0 This second closing […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[42,43],"tags":[89,45],"class_list":["post-631","post","type-post","status-publish","format-standard","hentry","category-charter-broker-updates","category-private-aviation-industry-news","tag-air-charter-broker","tag-air-charter-news"],"yoast_head":"\nCharter Broker Victor Expands in U.S. With YoungJets Acquisition, $5M Additional Funding - Jet Charter News Alerts, Broker-Operator Directory - FlightList PRO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flightlistpro.com\/private-jet-charter\/broker-victor-youngjets-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Charter Broker Victor Expands in U.S. With YoungJets Acquisition, $5M Additional Funding\" \/>\n<meta property=\"og:description\" content=\"Announced today, European based charter brokerage Victor, acquires U.S. broker YoungJets to lead expansion in North America. \u00a0YoungJets founder and CEO David Young will also join to serve as Victor’s senior vice president of the U.S. market. 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