M&A Deal Summary

Vacasa Acquires TurnKey Vacation Rentals

On March 11, 2021, Vacasa acquired internet software and services company TurnKey Vacation Rentals

Acquisition Highlights
  • This is Vacasa’s 5th transaction in the Internet Software and Services sector.
  • This is Vacasa’s 7th transaction in the United States.
  • This is Vacasa’s 2nd transaction in Texas.

M&A Deal Summary

Date 2021-03-11
Target TurnKey Vacation Rentals
Sector Internet Software and Services
Buyer(s) Vacasa
Deal Type Add-on Acquisition
Advisor(s) GCA Corporation (Financial)
Weil Gotshal & Manges
Kastner Gravelle (Legal)

Target

TurnKey Vacation Rentals

Austin, Texas, United States
TurnKey Vacation Rentals, Inc. is an online marketplace that provides vacation rental property management for premier vacation rental homes in top U.S. travel destinations. TurnKey provides guests with the consistency and quality of a fine hotel experience, while optimizing the management, marketing and return on investment for vacation rental homeowners. TurnKey Vacation Rentals was founded in 2013 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

Vacasa

Portland, Oregon, United States

Category Company
Founded 2009
Sector Leisure
Revenue 1.1B USD (2023)
DESCRIPTION

Vacasa is a vacation rental management company in North America and offers property management and other real estate services directly and through licensed subsidiaries. Vacasa was founded in 2009 and is based in Portland, Oregon.


DEAL STATS #
Overall 7 of 7
Sector: Internet Software and Services M&A 5 of 5
Type: Add-on Acquisition M&A Deals 6 of 6
State: Texas M&A 2 of 2
Country: United States M&A 7 of 7
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-17 Resort Lodging Co.

Steamboat Springs, Colorado, United States

Resort Lodging Co. is a provider of rental services focused on local care and growing Steamboat Springs’ reputation as an idyllic year-round getaway. Resort Lodging is based in Steamboat Springs, Colorado.

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