Nocturne Luxury Villas Acquires Jayne's Luxury Rentals

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.

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.

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.

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 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.

Vitruvian Partners Acquires Sykes Cottages with Unitranche Financing from EQT Credit

November 1, 2019

Real Estate

Vitruvian Partners has acquired Sykes Cottages Holdings Limited, a UK-based vacation rental management business, with unitranche senior debt facilities provided by EQT Credit to finance the acquisition, refinance existing debt, and support future growth. Sykes operates a tech-enabled vacation rental platform managing tens of thousands of properties across the United Kingdom and New Zealand and will be supported by the new capital for continued expansion.