Inspirato Incorporated (ISPO) shares jumped Wednesday after the company struck a deal to be acquired and taken private by Exclusive Investments LLC, the parent company of Exclusive Resorts.

The luxury vacation club and property technology company is selling itself for $4.27 per share in cash, a solid 50% premium over where the stock closed on December 16. That values the entire business at around $59 million.

How the Deal Works

Once everything closes, Inspirato's Class A common stock will disappear from the Nasdaq, and the company will operate as a private entity. The transaction is expected to wrap up in early 2026, assuming shareholders sign off and the usual regulatory boxes get checked.

Inspirato's board unanimously approved the acquisition and plans to recommend shareholders do the same at a special meeting. That vote is pretty much secured since Chair and CEO Payam Zamani has already committed to voting his shares in favor of the sale. Those shares represent roughly 36% of the company's outstanding stock, so his support carries considerable weight.

Zamani said the agreement delivers value to investors while placing Inspirato with an owner equipped to support the brand, its team, and its members over the long haul. He'll be stepping down as CEO and chairman once the deal closes.

Taking the reins as interim CEO will be James Henderson, who currently leads The Exclusive Collective and Exclusive Resorts. Henderson explained that the acquisition reflects confidence in Inspirato's potential and that private ownership should provide greater stability and sharper execution going forward. A permanent CEO will be named down the line.

For context, Inspirato operates a subscription-based luxury travel club that gives members access to high-end vacation homes, five-star hotels, and custom travel experiences.

ISPO Price Action: Inspirato shares were trading 46.83% higher at $4.175 on Wednesday.