Tregaron Capital along with Salem Investment Partners are pleased to announce that with continuing management, they have completed the acquisition of Village Realty Management & Services, headquartered in North Carolina’s Outer Banks.
Founded in 1983, Village offers a full suite of services to vacation property owners including vacation rentals, real estate sales, maintenance repairs, and association management services. Village manages over 900 homes from Nags Head to Corolla and Ocracoke Island. Learn more at www.villagerealtyobx.com.
About Tregaron Capital
Based in Palo Alto, CA, Tregaron Capital is a private equity firm focused on investing equity and mezzanine debt in small to mid-sized companies with EBITDA from $1 and $5 million. Tregaron is currently investing out of its second fund, a $100M fund raised in 2014. Tregaron takes a hands-on, operationally focused investment approach and targets industry segments where the firm’s partners have deep expertise, including business services, information and data services, mature software and technology, value-added distribution and franchising. Find out more at www.tregaroncapital.com.
About Salem Investment Partners
Salem Investment Partners, an SBIC founded in 1999, is a private investment firm that provides mezzanine debt and equity capital to small, privately-held, U.S. businesses. Salem is currently investing out of its fourth fund, a $170M fund. The firm invests in lower-middle market companies with EBITDA between $1M and $6M, strong cash flow and experienced management teams. Salem’s principals have completed over 120 transactions in companies across a variety of sectors and business cycles. Salem is headquartered in Winston-Salem, NC with an office in Charlotte, NC. Learn more at www.salemip.com.