Fairfax Financial-backed Vacatia completed the acquisition of The Berkley Group and Daily Management.

Fairfax Financial-backed Vacatia, a provider of innovative, customer-centric solutions for timeshare resorts, completed the acquisition of The Berkley Group, a resort developer, and Daily Management, a full-service property management company of vacation ownership resorts. Financial terms were not disclosed. "With this transaction, we are excited to expand our comprehensive suite of solutions for independent resorts to drive new owner growth, increased rental revenues, impactful customer benefits, and property renovations. Our companies share the same passion of providing our customers with outstanding value and memorable experiences that come with staying at independent resorts with a strong sense of community and identity," Caroline Shin, Vacatia CEO.