Silver Lake-backed Vacasa to acquire TurnKey Vacation Rentals.

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.