Calera Capital Acquires Majority Stake in Nocturne Luxury Villas

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.

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.

Nocturne (backed by Gladstone Investment) Acquires St. Barth Properties (SBP)

July 29, 2021

Restaurants & Hospitality

Nocturne Villa Rentals, Inc., a Gladstone Investment portfolio company, acquired St. Barth Properties, Inc. and St. Barth Dream Vacations SARL (collectively "SBP") on July 23, 2021. Gladstone Investment provided additional secured debt to support the add-on acquisition, expanding Nocturne's luxury vacation rental portfolio to include SBP's ~250 high-end properties on St. Barth.

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

September 8, 2023

Oil & Gas

Gladstone Investment Corporation partnered with Xyresic Capital to acquire The E3 Company, a Kilgore, Texas-based provider of pressure management solutions for oil and gas well completions, investing $46.0 million in a combination of senior secured debt and equity. Separately, Gladstone expanded its investment in its portfolio company Nocturne Luxury Villas by financing Nocturne’s acquisition of Exclusive 30A Rentals (more than 100 properties) via an $18.7 million senior secured loan.

Ancala Acquires Majority Stake in Noventa Energy Partners

April 3, 2023

Renewable Energy

Ancala has acquired a majority interest in Noventa Energy Partners, a developer of wastewater energy transfer systems that decarbonise heating and cooling for buildings. The investment, made on behalf of Ancala Infrastructure Fund III for an undisclosed amount, will fund Noventa's international growth and the delivery of a pipeline of projects including a large system for Toronto Western Hospital.

Vestar Capital Partners Invests Growth Capital in Nox Health

November 30, 2022

Healthcare Services

Vestar Capital Partners has made a strategic growth investment in Nox Health to accelerate development of the company's sleep diagnostic technology and expand adoption of its value-based sleep management solutions among employers and health plans. Financial terms were not disclosed; the investment will support product and service development and broader market expansion.