Gladstone Investment (NASDAQ:GAIN) has announced the successful sale of its portfolio company Nocturne Luxury Villas to a Calera Capital affiliate. The transaction resulted in complete debt investment repayment and significant capital gains on equity investment. Nocturne, formed in 2021 through a partnership with Aureus Capital, operates luxury vacation rental management services across prestigious locations including St. Barth’s, Grand Cayman, Telluride, Santa Barbara, and Florida’s Emerald Coast.
Under Gladstone’s support, Nocturne completed seven acquisitions, demonstrating substantial business growth. This exit marks Gladstone Investment’s 30th successful management supported buy-out exit since its 2005 inception, reinforcing its strategy as a buyout fund that combines current income from debt investments with equity…
