Overview
- Inspirato signed a definitive agreement to be acquired by Exclusive Investments LLC, the parent of Exclusive Resorts, for $4.27 per share in cash.
- Inspirato’s board unanimously approved the deal and will recommend it to shareholders at a special meeting.
- Chairman and CEO Payam Zamani entered a voting agreement covering about 36% of Class A shares in support of the transaction.
- Closing is targeted for early 2026 subject to shareholder and customary approvals, after which the company will delist from Nasdaq.
- Post-closing, Zamani will step down and James Henderson of The Exclusive Collective and Exclusive Resorts will serve as interim CEO, as ISPO shares jumped roughly 47% on the news.