Announced
Financials
Sources
Tags
Merger
United States
Acquisition
Domestic
vacation rentals
Friendly
Hotels and Motels
Private
Single Bidder
holiday homes
Majority
Pending
Private Equity
Synopsis
Silver Lake-backed Vacasa, a vacation rental management platform, agreed to acquire TurnKey Vacation Rentals, a vacation rental manager. Financial terms were not disclosed. "This is an incredibly exciting day as we plan to welcome TurnKey employees, homeowners and guests into the Vacasa family upon closing of the transaction. Our companies have a similar focus on delivering exceptional service to our homeowners and guests, and we are excited to do that together at a key juncture for the highly competitive vacation rental industry," Matt Roberts, Vacasa CEO.
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