Blue Ridge Mountain Rentals, Inc.
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Blue Ridge Mountain Rentals, Inc. - overview
Established
2003
Location
-, NC, US
Primary Industry
Travel & Leisure
About
Blue Ridge Mountain Rentals, Inc. specializes in providing vacation home rentals in the High Country of North Carolina, catering to families, couples, and outdoor enthusiasts seeking unique getaways. Founded in 2003, Blue Ridge Mountain Rentals focuses on vacation home rentals in Boone and Blowing Rock, North Carolina. CEO Adam Norris leads the company, which has engaged in one known deal as of February 1, 2018, when it was acquired by an independent sponsor.
Blue Ridge Mountain Rentals offers an extensive portfolio of vacation home properties, including cabin rentals that range from secluded retreats to luxurious mountain homes. The company serves a diverse clientele, providing unique vacation experiences in the scenic Blue Ridge Mountains and aims to create memorable stays for guests. The revenue model is based on direct consumer transactions through an online booking platform. Guests pay rental fees, which may include additional cleaning and service charges.
The company also manages homeowners' properties, offering marketing and maintenance services, thus ensuring a sustainable revenue stream for both the company and the homeowners. Following its acquisition in February 2018, Blue Ridge Mountain Rentals plans to enhance its offerings and expand its market reach. Specific new products are under development, and the company is looking to penetrate additional markets within North Carolina by 2025. The recent funding will be utilized to support these initiatives, fostering growth and enhancing guest experiences.
Current Investors
Private Equity Firm not Known
Primary Industry
Travel & Leisure
Sub Industries
Hotels & Accommodations
Website
www.blueridgerentals.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Blue Ridge Mountain Rentals, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Blue Ridge Mountain Rentals, Inc. | - |
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