お知らせ • Mar 19
Davidson Kempner Capital Management LP cancelled the acquisition of the remining 91.5% stake in Vacasa, Inc. (NasdaqGS:VCSA) for approximately $130 million. Davidson Kempner Capital Management LP made a non-binding proposal to acquire the remining 91.5% stake in Vacasa, Inc. (NasdaqGS:VCSA) for approximately $120 million on February 3, 2025. Davidson Kempner Capital Management LP will acquire all outstanding shares of the Company not owned already at a price of $5.25 per share. PJT Partners is serving as financial advisor and Vinson & Elkins LLP is acting as legal advisor to the Special Committee. Latham & Watkins LLP is acting as legal advisor to Vacasa. Davidson Kempner has engaged Larry Kwon and Sam Saifan of Moelis & Company LLC as its financial advisors and Anna Tomczyk, Michael Darby, Martin Nussbaum and Rick S. Horvath of Dechert LLP as its legal counsels in connection with the Proposed Transaction.
Davidson Kempner Capital Management LP cancelled the acquisition of the remining 91.5% stake in Vacasa, Inc. (NasdaqGS:VCSA) for approximately $130 million on March 17, 2025. On March 17, 2025 Davidson Kempner Capital Management offered a revised offer per share to acquire the remaining stake in Vacasa for $5.75 per share in cash. The Board has approved the acceptance by the Company of a proposal from Casago to increase the price of its pending acquisition of Vacasa to $5.30 per share in cash. The Board, on the recommendation of the Special Committee, determined that the Davidson Kempner Proposal, after giving effect to all revisions made to such proposal by Davidson Kempner, is neither a “Superior Proposal” nor a proposal that would reasonably be expected to result in a “Superior Proposal” as that term is defined in the Merger Agreement. As a result, Vacasa has ceased engagement with Davidson Kempner in accordance with the terms of the Amended Agreement. The Special Committee determined that entering into the Amended Agreement with Casago was in the best interests of the Company’s public shareholders. Davidson Kempner Proposal was conditioned upon requiring an amendment to the Company’s Tax Receivable Agreement (“TRA”) for which Davidson Kempner had been unable to obtain the requisite approvals from TRA beneficiaries or to provide any clear path towards obtaining such approvals. During the engagement with Davidson Kempner, the Special Committee received confirmation from holders of a majority in interest of the TRA that they were not supportive of approving a TRA amendment to facilitate the Davidson Kempner Proposal. お知らせ • Jan 01
Casago International LLC entered into a definitive agreement to acquire Vacasa, Inc. (NasdaqGS:VCSA) from Level Equity Management, LLC, Riverwood Capital Management L.P., Silver Lake Technology Management, L.L.C. and others for approximately $120 million. Casago International LLC entered into a definitive agreement to acquire Vacasa, Inc. (NasdaqGS:VCSA) from Level Equity Management, LLC, Riverwood Capital Management L.P., Silver Lake Technology Management, L.L.C. and others for approximately $120 million on December 30, 2024. Under the terms of the merger agreement, Vacasa stockholders receive $5.02 per share in cash upon completion of the proposed transaction, subject to adjustment. Existing Vacasa shareholders Silver Lake, Riverwood Capital and Level Equity will continue to have minority investments in the combined company following the closing. Upon completion of the transaction, Vacasa’s common stock will no longer be publicly listed on the Nasdaq, and the combined company will become a privately held company. Roofstock, Inc. has provided Casago with equity commitments for the transaction and will be investors in the combined company.
The transaction is subject to certain customary closing conditions, including approval by Vacasa’s shareholders. Upon the Special Committee’s recommendation the Vacasa Board of Directors approved the merger agreement. The transaction is expected to be completed towards the end of the first quarter or the early part of the second quarter of 2025.
Jefferies LLC is serving as financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal advisor to Casago in connection with the transaction. PJT Partners is serving as financial advisor and Vinson & Elkins LLP is acting as legal advisor to the Special Committee of the Vacasa Board of Directors. Latham & Watkins LLP is acting as legal advisor to Vacasa. お知らせ • Nov 01
Vacasa, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Vacasa, Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 お知らせ • Aug 24
Vacasa, Inc. Announces Executive Changes Vacasa, Inc. announces resignation of Craig Gracey as principal accounting officer, effective September 6, 2024. On August 22, 2024, Bruce Schuman, the Company's Chief Financial Officer, was appointed as the Company's principal accounting officer and Chief Accounting Officer, effective September 6, 2024. Mr. Schuman will continue in his role as Chief Financial Officer. Mr. Schuman, age 53, has served as the Company’s Chief Financial Officer since June 2023. He previously served as Executive Vice President and Chief Financial Officer of Kiavi, Inc. from June 2021 to December 2022. Prior to his time at Kiavi, Mr. Schuman spent over 27 years at Intel Corporation where he served as Vice President and Chief Financial Officer of Intel Capital from March 2020 to June 2021, Vice President and Chief Financial Officer of the Server CPU and Memory Group from May 2019 to March 2020 and Vice President and Chief Financial Officer of the Enterprise and Government Group from January 2017 to May 2019. Mr. Schuman received a BBA in Finance from New Mexico State University. お知らせ • Jul 31
Vacasa, Inc. to Report Q2, 2024 Results on Aug 08, 2024 Vacasa, Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 お知らせ • Apr 28
Vacasa, Inc. to Report Q1, 2024 Results on May 09, 2024 Vacasa, Inc. announced that they will report Q1, 2024 results on May 09, 2024 お知らせ • Apr 24
Davidson Kempner Capital Engages in Discussions with Vacasa On April 22, 2024, Davidson Kempner Capital Management LP announced that it has had discussions with Vacasa, Inc., and intends to continue to engage in discussion with the Company, its advisor and other relevant third parties regarding potential financing transactions. お知らせ • Apr 09
Vacasa, Inc., Annual General Meeting, May 21, 2024 Vacasa, Inc., Annual General Meeting, May 21, 2024, at 08:00 Pacific Standard Time. Agenda: To discuss Election of Class III Directors Nominees; to Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022; to Approval to Amend the Vacasa, Inc. 2021 Incentive Award Plan; and to transact other matters. お知らせ • Feb 18
Vacasa, Inc. Announces the Resignation of Rachel Gonzalez from Board of Directors, Effective February 15, 2024 On February 14, 2024, Rachel Gonzalez notified Vacasa, Inc. of the Board of Directors of Vacasa, Inc. of her decision to resign from the Board of Directors of the Company, effective February 15, 2024. Ms. Gonzalez has served on the Board of Directors of the Company since May 23, 2023, and prior to that served as a Board observer since September 26, 2022. Ms. Gonzalez made this decision in consideration of her responsibilities and time commitments in her role as General Counsel of GE Vernova. Ms. Gonzalez’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. お知らせ • Feb 15
Vacasa, Inc. to Report Q4, 2023 Results on Feb 28, 2024 Vacasa, Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 28, 2024 お知らせ • Oct 26
Vacasa, Inc. to Report Q3, 2023 Results on Nov 07, 2023 Vacasa, Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 お知らせ • Oct 05
Vacasa Maneuvers to Avoid Nasdaq Delisting Vacasa, Inc. set itself up on 3 October 2023 to regain compliance with Nasdaq listing requirements, executing a 1-for-20 reverse stock split. Shares in the company had closed at $0.46 on 2 October 2023. The price became $9.20 overnight as shareholders received one share for every 20 they owned. Vacasa stock came under early selling pressure on Tuesday and fell as low as $8.17. But it regained nearly all of the lost ground to close at $9.19 on a day when the small-cap-focused Russell 2000 was down 1.7%. お知らせ • Sep 07
Vacasa Announces Reverse Stock Split at a Ratio of 1-for-20 to Meet Listing Requirements Vacasa, Inc. said its board approved a reverse stock split of its Class A, Class B, and Class G Common Stock at a ratio of 1-for-20. The reverse stock split is being conducted to regain compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq, the company added. Shares of Vacasa Class A Common Stock are expected to begin trading on a split-adjusted basis on the Nasdaq on October 3, 2023. Board Change • Sep 05
High number of new and inexperienced directors There are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Independent Director Ryan Bone is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.