The per share purchase price represents a premium of 28 percent and 60 percent over Vacasa's 30-day and 90-day volume weighted average price per share, respectively, as of December 27, 2024, the last trading day prior to execution of the agreement.
Existing Vacasa shareholders Silver Lake, Riverwood Capital and Level Equity will continue to have minority investments in the combined company following the closing.
Roofstock, Inc. has provided Casago with equity commitments for the transaction and will be investors in the combined company. The transaction, which is expected to be completed towards the end of the first quarter or the early part of the second quarter of 2025, is subject to certain customary closing conditions, including approval by Vacasa's shareholders.
