Casago entered a merger agreement on December 30, 2024, to acquire Vacasa, Inc. (VCSA) in a cash deal worth $110.56 million.
As per the terms of the agreement, Casago will acquire all outstanding shares of Vacasa held by public stockholders for $5.02 per share, representing a 31.76% premium from the stock’s last close.
Vacasa is a vacation rental management platform in North America, offering homeowners technology-driven solutions to maximize income and provide guests with a seamless booking experience across thousands of properties in multiple destinations.
Founded in 2001, Casago is a vacation rental management company overseeing nearly 5,000 properties across the U.S., Mexico, Costa Rica, and the Caribbean, offering personalized support and exceptional guest experiences.
Roofstock, a prop-tech platform, will invest in and guide the combined company, leveraging its expertise in real estate services and software to help property owners optimize nearly a million rental units.
Vacasa’s current shareholders, Silver Lake, Riverwood Capital, and Level Equity, will keep smaller stakes in the combined company after the deal closes, which is expected towards the end of the first quarter or the early part of the second quarter of 2025.
After the transaction is complete, Vacasa’s stock will be delisted from Nasdaq, and the combined company will become privately owned.
Casago’s acquisition of Vacasa is valued at 0.06 times the sales of Vacasa.
For a more comprehensive understanding of this merger and acquisition transaction, please visit the Deal Metrics page at the following link:
Deal Metrics for the acquisition of Vacasa, Inc. (VCSA) by Casago
The Deal Metrics page for each merger or acquisition includes:
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Editor’s Note: Baranjot Kaur contributed to this article