International private lift provider Vista has received a $600 million investment influx from a consortium of investors led by RRJ Capital, an Asian private equity firm. Expected to close by the end of this month, the investment will optimize Vista Global’s capital structure, enhance its free cash flow, and reduce the company’s debt.

“RRJ is very pleased to become a long-term partner to Vista, the leading private jet company in the world,” said RRJ Capital founder and CEO Richard Ong. “With more than 20 years of industry innovation, and a global presence across all markets, this strategic investment in Vista marks an exciting new chapter in our shared journey.”

RRJ, Andalusian Private Capital, and others in the consortium will join the existing investors, including Rhône Group. Vista noted the capital injection is in line with its commitment to “accelerate deleveraging,” diversify its investor base, and strengthen its financial position

“Today’s announcement is a strong endorsement of our strategy and long-term vision for the future, while also providing us with great partners for years to come,” said Vista founder and chairman Thomas Flohr. “We are excited to welcome RRJ Capital and the rest of the consortium to join our existing, carefully curated investor base, and look forward to working with Richard and the rest of the team to support Vista’s next phase of growth.”