공시 • 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. 공시 • 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. 공시 • 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 공시 • 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. 공시 • 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 
