Gladstone Investment and Xyresic Capital Acquire The E3 Company; Nocturne (Gladstone-backed) Acquires Exclusive 30A Rentals

Gladstone Investment and Aureus Capital Back Nocturne Villa Rentals to Acquire Exceptional Stays

June 3, 2021

Restaurants & Hospitality

Gladstone Investment Corporation partnered with Aureus Capital and members of executive management to form Nocturne Villa Rentals and provided equity and senior secured debt to support the new platform. Nocturne (with management) completed the acquisition of Exceptional Stays, a luxury vacation rental manager with approximately 90 properties primarily in Telluride, Colorado, as the platform's initial investment.

BlueWater Equity Partners Acquires Controlling Interest in The E3 Company; Assurance Mezzanine Funds Participation

October 2, 2019

Oil & Gas

BlueWater Equity Partners, LLC acquired a controlling interest in The E3 Company, LLC, a designer and manufacturer of automated pressure-relief and safety systems for hydraulic fracturing sites. Assurance Mezzanine Fund (Assurance Capital) provided mezzanine financing to support the transaction.

Gladstone Investment Corporation and Xyresic Capital Acquire Rowan Energy

December 12, 2025

Oil & Gas

Gladstone Investment Corporation, alongside independent sponsor Xyresic Capital, has acquired Rowan Energy, Inc., a U.S. oil-and-gas services company based in Oklahoma City. Gladstone provided senior secured debt and the majority of the equity to complete the transaction; the investment is intended to support Rowan's growth and value-creation initiatives in frac sand filtration, completion-equipment deployment, and field-operations support.

Nocturne Luxury Villas Acquires Grand Cayman Villas and Condos; Gladstone Invests $18.5M in Support

August 5, 2024

Real Estate

Nocturne Luxury Villas acquired Grand Cayman Villas and Condos (GCVC), a villa rental management company that represents more than 180 properties across Grand Cayman. Gladstone Investment Corporation (NASDAQ: GAIN), an existing investor in Nocturne, provided $18.5 million of secured first‑lien debt to support the transaction and increase its investment in the Nocturne platform.

Calera Capital Acquires Majority Stake in Nocturne Luxury Villas

March 11, 2025

Restaurants & Hospitality

Calera Capital (through an affiliate) acquired a majority stake in Nocturne Luxury Villas from Gladstone Investment Corporation; financial terms were not disclosed. Nocturne is a luxury vacation rental management platform with operations in St. Barth's, Grand Cayman, Telluride (CO), Cabo San Lucas (Mexico), Santa Barbara (CA) and Florida's Emerald Coast and is headquartered in Newport, Rhode Island.

Gladstone Investment and Xyresic Capital Acquire Smart Chemical Solutions

May 19, 2025

Oil & Gas

Gladstone Investment Corporation (Nasdaq: GAIN), alongside co-investor Xyresic Capital, has acquired Smart Chemical Solutions, LLC, a Midland, Texas–based provider of production chemicals to onshore oil and gas operators. Gladstone provided equity and senior secured debt to complete the transaction; Palo Duro Capital was the seller according to advisor announcements.