Full-Time
Posted on 10/7/2025
Technology-driven vacation rental property management
No salary listed
Alabama, USA
In Person
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Vacasa is a vacation rental management platform that handles full-service property management for homeowners and serves travelers seeking professionally managed vacation homes. It operates by marketing, booking, cleaning, maintenance, and guest support for managed properties, and it earns revenue by taking a percentage of the rental income. The company uses technology to optimize pricing, streamline operations, and enhance the guest experience, with additional services like interior design and real estate brokerage to support owners. What sets Vacasa apart is its combination of tech-driven operations, national/local market presence, and a one-stop approach that covers marketing, operations, design, and brokerage, aimed at achieving high occupancy and strong financial returns. Vacasa’s goal is to deliver strong rental income for homeowners while creating memorable, reliable experiences for guests through professional care and consistent service.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Portland, Oregon
Founded
2009
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Health Savings Account/Flexible Spending Account
Paid Vacation
Paid Sick Leave
Vacasa shareholders approved its acquisition by Casago, with the deal closing Wednesday. Despite a higher bid of $5.83 per share from hedge fund Davidson Kempner, Vacasa's board endorsed Casago's lower bid of $5.30 per share. Davidson Kempner accused Vacasa of favoring certain shareholders, but Vacasa denied these claims, emphasizing its commitment to shareholder interests.
Vacasa's merger with Casago, agreed at $5.30 per share, faces opposition from hedge fund Davidson Kempner. The fund, a Vacasa shareholder and creditor, has submitted a higher bid of $5.83 per share but claims the Special Committee is biased, favoring the insider-backed Casago deal. Davidson Kempner's new letter criticizes the committee for unfair practices, including tight deadlines and a limited waiver in the Tax Receivable Agreement, hindering fair evaluation of competing bids.
Vacasa has accepted an increased offer from Casago to purchase the company at $5.30 per share, up from the initial $5.02. Despite a higher $5.75 per share offer from Davidson Kempner, Vacasa's board did not consider it superior. Vacasa's shares rose 3% on the Casago offer, with the deal expected to close next month. Vacasa reported a decline in headcount to 4,300 and a 19.6% drop in gross booking value to $1.9 billion in 2024. The acquisition will take Vacasa private.
Casago vacation rentals and property management. Property management that cares about the homeowner. Contact us (877) 276-5746
Casago has announced a strategic merger with Vacasa, acquiring all outstanding shares at $5.02 per share. This merger aims to enhance operational efficiency and expand market reach, creating one of the largest vacation rental management companies in North America. The merger is expected to lead to operational synergies, cost savings, and improved service delivery. Public stockholders of Vacasa will receive a premium for their shares, potentially boosting investor confidence in the merged entity.