Gladstone Investment (NASDAQ:GAIN) has announced the successful sale of portfolio company Nocturne Luxury Villas to Calera Capital Affiliate. The transaction led to a substantial capital gains on full debt investments and stock investments. Founded in 2021 through a partnership with Aureus Capital, Nocturne operates luxurious vacation rental management services in prestigious locations, including St. Barth, Grand Cayman, Telluride, Santa Barbara and Florida’s Emerald Coast.
With the support of Gladstone, Nocturne has completed seven acquisitions and has shown significant business growth. This exit marks Gladstone Investment’s 30th successful management, supporting the acquisition exit since its inception in 2005 and strengthens its strategy as an acquisition fund that combines current revenue from debt investments with capital gains equity investments at the exit.
Gladstone Investment (NASDAQ: GAIN) HA ANNUNCIATO LA VENDITA RIUSCITA DELLA SUASOCIETàPORTAFOGLIONOCTURNE LUXURY VILLAS A UN’AFFILIATA DI CALERA CAPITAL. La Transazione ha comportato il rimborso complete degli investment in debito e cigtyativi guadagni in capitaleous sugli investment azionari. Nocturn, Costume Tutanel 2021 Atra Versouna Partnership Consulting Capital of Aureus, the Grand Cayman, Telluride, Santa Barbara Ella Emerald Coast de La Florida.
Sotto Il Support Di Gladstone, Nocturn Ha Complex Sette Aquijoni, Dimostland Una Notevoor Cresita Ajiendall. Questa uscita segna il 30° buyout di successo gestite da gladstone investment dal suo avvio nel 2005, rafforzando la sua Strategia come fondo di buyout che combina reddito attuale dagli investment time
Gladstone Investment (NASDAQ: GAIN) HA ANUNCIADO LA EXITOSA VENTA DE SU EMPRESA EN CARTERA NOCTURNE LUXURY VILLAS A UNA AFIILIADA DE CALERA CAPITAL. The capital city of Japan is a place where people are living in the capital. Nocturn, Formada En 2021 ATravés de Unaasociación Conaureus Capital, Opera Servicios de Gestión de Alquiles de Lujo en Ubicaciones prestigiosas, Inklui End St. Barth, Grand Cayman, Terrorda, Santa Barbara y Lava Barbara
Bajo El Apoyo de Gladstone, Nocturne Completó Siete Adquisiciones, Demostrando Un Crecimiento empresarial Sustancial. Esta Salida Marca La30ªSalida de Buy-Out Exitosa Apoyada Por laGestióndeGladstoneInvestment Desde Su Inicio en 2005, Reforzando suestrategia como unfondo de buyout que coming in ingresos eversiones de inversiones en deuda con de in de comancias de sail sail
Gladstone Investment (NASDAQ: GAIN) Investment in Gladstone (GAIN) Nocturne 2021 aureus capital city, St. Barth, Grand Cayman, Telluride, Santa Barbara,
Gladstone 2005 Gladstone Investment 30%, 2005,
Gladstone Investment (NASDAQ: GAIN) ANNONCE LA VENTE REUSSIE DE SA SASOCIETé De Portefeuille Nocturne Luxury Villas’s Filiale de Calera Capital. La Transaction a rembourse that brings capital eco-effects sur les investisses. Nocturn, Formeen 2021 Grachair Partenariart Avec Oleus Capital, Guest Design Deconcision Durax Durax Durax Des Leupristoy Jou, Notement St. Barth, Grand Cayman, Telluride, Santa Barbara Emeraldo De Road de Road.
Sous le Soutien de Gladstone, Nocturne A Complété sept Acquisitions, démontrand Une Croissance Commerciale Erfalielle. Cette Sortie Marque Le 30e Rachat RhéussiSoutenu Par La Gestion de Gladstone Investment Depuis SaCréationen 2005, Renforçant Sastratégiéentant que fonds de rachat qui combined des ravenus ruvenus des des des des avesissesments en capitalities
Gladstone Investment (NASDAQ: GAIN) HAT DEN ERFOLGREICHEN VERKAUF SEINER PORTFOLIOGE SELLSCHAFT NOCTURNE LUXURY VILLAS Die Trans Aktion FREE ZURVOLST ÉGewinnen Rückzahlungder Schulden Investition. Nocturn, Gegrandet im Jaal 2021 Partner Shaft Mit Oureus Capital, Viet Dienstorungen im Bereich Laxferiaenbermietun and Presterotigen Standen We St. Bath, Grand Cayman, Telluride, Santa Barbara de Emerald Coast
Unter Der Unterstützung Von Gladstone Hat Nocturne Sieben Akquisitionen Abgeschlossen und Dabei Ein erhebliches Unternehmenswachstum Devidiert. Deeser exit Markiert den30. Erfolgreichen Management – Unterstützten Buy-Out of Gladstone Investment Seiter Gründung Im Jahr 2005 Convenience.
positive
The substantial capital gains realized in full repayment of debt investments are added to the track record of over 30 successful acquisition exits with successful completion of seven acquisitions during the ownership exit.
insight
Gladstone Investment’s withdrawal from Nocturne Luxury Villas represents the successful portfolio monetization that has a positive impact on the company’s financial position. The transaction examined a buyout fund strategy that provides both full debt repayments and significant capital gains on equity investments, generating both current income from debt investments and capital gains from equity.
This exit has been supporting Nocturne through seven separate acquisitions since establishing the platform in the Yellow Capital in 2021, showing Gladstone’s operational expertise in the mid-market lower buying space. A relatively short retention period (approximately 4 years) suggests the optimal timing of efficient execution of value creation plans and exits.
For shareholders, this transaction strengthens the track record of over 30 successful exit Gladstone since its inception in 2005. The company explicitly links this performance to its goal of delivering shareholder value through stock valuation and dividend growth, suggesting that capital gains could be sustained or potentially strengthened in its dividend distribution capabilities.
Although specific transaction values have not been revealed, it has been shown that the exit is likely to have exceeded the internal return threshold due to the emphasis on “significant” benefits. As BDC focuses on the decline in the middle market, this exit is successful and demonstrates Gladstone’s ability to identify promising companies, support growth through acquisitions, and ultimately realize value, a key capability in the business model.
03/11/2025-04:30 PM
McLean, VA / Access Newswire / March 11, 2025 / Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”) today announced the portfolio company Nocturne Luxury Villas, Inc. Sales of (“Nocturne” or “Company”) belonged to Calera Capital. As a result of this transaction, Gladstone Investment has repaid its debt investment in full and recognized its significant capital gains on equity investments. Gladstone Investment formed Nocturne in 2021 in collaboration with Aureus Capital, LLC (“aureus”).
Nocturne was founded as a platform to acquire and integrate luxury vacation rental management companies. The company is currently operating in St. Barth. Grand Cayman; Telluride, Colorado; Cabo San Lucas, Mexico. Santa Barbara, California. Florida’s Emerald Coast.
“Gladstone Investment has enjoyed strong partnerships with the management teams of Aureus and Nocturne over the past few years. We are proud to support the business with seven separate acquisitions that have dramatically transformed the business.” “The entire Nocturne Management team has achieved remarkable results in business growth and we hope they continue to succeed as they expand further.”
“Since the sale of Nocturne and its inception in 2005, Gladstone Investment has supported over 30 management teams and generated significant net returns on these investments,” said Gladstone Investment president. “The successful exit from Nokthurun further examines its strategy as an acquisition fund, relying on generating strong current income from debt investments, along with equity investments that allow for stock investments that allow meaningful capital gains at the exit.
Gladstone Investment is a public business development company seeking to acquire stocks and secure debt investments in low-central US market companies in connection with changes in acquisitions, management and recapitalization. For additional transactional information, please visit www.gladstoneinvestment.com.
For investor relations inquiries relating to any of the monthly dividends paying Gladstone funds, please visit www.gladstone.com.
Forward-looking statements:
The statement in this press release regarding the long-term outlook of Gladstone Investment, Nocturne and its management team, and Gladstone Investment and Nocturne’s ability to grow and expand are “forward-looking statements.” These forward-looking statements essentially involve certain risks and uncertainties in predicting future results and conditions. These statements are based on Gladstone Investment’s current plans, which are considered reasonable as of the date of this press release, but due to a number of factors, actual results and conditions may differ materially from those forward-looking statements, including factors sometimes explained in Gladstone Investment’s filing with the Securities and Exchange Commission. Gladstone Investment assumes no obligation to update or modify these forward-looking statements as a result of new information, future events, or other means, except as required by law.
For more information, see Gladstone Investment Corporation (703) 287-5893
Source: Gladstone Investment Corporation
See the original press release on Access Newswire
FAQ
What were the economic consequences of the Gain exit from Nocturne Luxury Villas?
Gladstone Investment has repaid its debt investment in full and realized significant capital gains on equity investments from sale.
Since 2021, how many acquisitions has Nocturne completed under Gain ownership?
Nocturne has completed seven separate acquisitions under Gladstone Investment ownership.
How many successful acquisition exits have increased since 2005?
Since its inception in 2005, Gladstone Investment has completed over 30 administrative support buyouts.
What locations does Nocturne Luxury Villas operate after Gain’s investment period?
Nocturne operates in St. Barth, Grand Cayman, Telluride (Colorado), Cabo San Lucas (Mexico), Santa Barbara (California) and the Emerald Coast of Florida.
