Evolve completed the acquisition of Guestworks portfolio of Casago-backed Vacasa.

Evolve, a company specializing in vacation rentals across North America, completed the acquisition of Guestworks portfolio of Casago-backed Vacasa, a full-service vacation rental management company. Financial terms were not disclosed. "Evolve created the hybrid vacation rental management model to provide owners with a modern, flexible alternative to legacy self-management and full-service solutions. This transaction strengthens our category leadership and underscores our focus on what we do best — leveraging technology and human expertise to deliver exceptional performance and service at industry-low rates. We are thrilled to welcome Guestworks' owners to our platform and look forward to driving their success," Brian Egan, Evolve Co-Founder and CEO.