Vacasa to Go Public Tuesday With $340 Million in Proceeds to Spur Growth
Photo Credit: Vacasa debuted on the New York Stock Exchange December 7, 2021. A Vacasa-managed vacation rental in Casa Vista Verde, Uvita, Puntarenas, Costa Rica. Vacasa
Skift Take
Omicron won't deter Vacasa's debut as a publicly traded company as it takes advantage of the pandemic-era surge in vacation rental growth.
Vacasa completed its merger with TPG Pace Solutions Monday, and was slated to begin trading on the Nasdaq stock exchange Tuesday with more than $340 million in gross proceeds to accelerate growth, the company announced.
With the blank check merger complete, after being approved by TPG Pace Solutions shareholders November 30, the largest property management company in the North America is slated to begin trading under the ticker symbol VCSA. Vacasa and TPG an