Benzinga·2025-12-17 18:24Core Viewpoint - Inspirato Incorporated has agreed to a buyout deal with Exclusive Investments LLC, valuing the company at approximately $59 million, with a cash offer of $4.27 per share, representing a 50% premium over the stock's closing price on December 16 [1][2]. Acquisition Details - The acquisition will result in Inspirato's Class A common stock being delisted from Nasdaq, and the company will operate privately [2]. - The transaction has received unanimous support from Inspirato's board, which will recommend shareholder approval at a special meeting [2]. - Payam Zamani, the Chair and CEO, will vote his shares, which represent about 36% of the outstanding stock, in favor of the sale [2]. Leadership Changes - Following the acquisition, Payam Zamani will step down as CEO and chairman, with James Henderson serving as interim CEO until a permanent leader is appointed [3]. - Henderson expressed that the acquisition reflects confidence in Inspirato's potential and that private ownership can enhance stability and execution [4]. Business Model - Inspirato operates a subscription-style club model that provides access to luxury vacation homes, five-star hotels, and custom travel experiences [4]. Stock Performance - Following the announcement of the acquisition, Inspirato shares increased by 46.83%, trading at $4.175 [4].