Private jet firm Victor has been acquired by an Abu Dhabi-based investment group as part of a global growth strategy.

The charter company, founded in 2011 and with offices in Washington, London, Munich and Nice, said the acquisition will allow it to expand into new markets as well as “cement its position within the sector”. 

Commenting on the move, Victor co-CEO Toby Edwards said he is proud of the company’s growth thus far 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,” he said.

While growth plans have not yet been announced, the company expects to expand its customer service team in new markets and to develop stronger relationships with key regional operators.

Victor co-CEO James Farley said the company’s new shareholders understand its values and 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,” he added.