Nocturne Luxury Villas, Backed By Gladstone Investment Corporation, Announces Third In A Series Of Investments In The Luxury Vacation Rental Sector With The Acquisition Of West Indies Management Company (Wimco Villas)
Jan 04, 2022•almost 4 years ago
Acquiring Company
Nocturne Luxury Villas
Acquired Company
WIMCO Villas
Description
Nocturne Luxury Villas (“Nocturne” or the “Company”), together with Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), acquired West Indies Management Company, a leading villa rental manager on the island of Saint Barthélemy in the French West Indies, including its sister company based in St. Jean, WIMCOsbh (“WIMCO”). This investment is the third by Nocturne who last year announced its acquisition of Exceptional Stays based in Telluride, CO and St. Barth Properties.
M&A Insights
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Tech stack consolidation
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Post-acquisition investment
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