Vacasa to Acquire Wyndham Vacation Rentals, for $162M

▤ Summary

The seller is Wyndham Destinations (NYSE:WYND), the global leader in vacation ownership and exchange. Founded in 2009 by Eric Breon, CEO, Vacasa is a large vacation rental management platform and offers property management and other real estate services directly and through licensed subsidiaries. Leveraging technology, the company and its subsidiaries manage a portfolio of more than 14,000 vacation homes in the U.S., Europe, Central and South America, and Africa. In the next 12 months, which has more than 3,300 employees, Vacasa expects to achieve more than $1 billion in gross bookings and an excess of $500 million in net revenue. The company expects to complete the full integration with Wyndham Vacation Rentals by fall 2020.

▦ Linked Companies