M&A · Industrials · Services-To Dwellings & Other Buildings
Casago Holdings, LLC to acquire Vacasa, Inc.
Announced Dec 30, 2024 · Closed May 1, 2025
Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash$5.83 per share
Transaction
- Acquirer
- Casago Holdings, LLC
- Target
- Vacasa, Inc. (VCSA)
- Buyer type
- Strategic
- Offer price per share
- $5.83
- Enterprise value
- —
- Status
- Closed May 1, 2025
Deal protections
- Break fee (target pays)
- $4.1M
- Reverse fee (buyer pays)
- $5.8M
- Go-shop
- No-shop
- Financing
- —
Advisors
- To the acquirer
- Jefferies
- To the target
- PJT Partners
- PJT Partners fee
- $5.8M
Sector context · Industrials
- Comparable deals
- 88 in the prior 24 months
- Premium
- Sector median 34.0%
- EV / Adj. EBITDA
- Sector median 9.1x
- Break fee
- Sector median 2.8%
Timeline
- AnnouncedDec 30, 2024
- Proxy filedJan 31, 2025
- Definitive proxyMar 28, 2025
- Shareholder voteApr 29, 2025
- ClosedMay 1, 2025
Valuation · fairness opinions
52-week trading range$2.07$11.70
Analyst price targets$2.50$3.25
Offer $5.83
Implied value per Vacasa, Inc. share by analysis, from PJT Partners.