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Seattle & Northwest  + Portland  + Finance  | 

Vacasa Raises $319M, Completes $162M Wyndham Destinations’ Deal

Portland-based Vacasa received a $319-million strategic investment round led by Silver Lake. Existing investors Riverwood Capital, Level Equity and NewSpring also participated in the capital raise. Vacasa manages more than 23,000 vacation rentals globally, and investors value the company at more than $1 billion.

With this new financing, Vacasa plans to further enhance its technology platform, accelerate expansion into new markets and grow new offerings, including Vacasa Real Estate, which has evolved from an agent network into a service model that includes brokerages in key U.S. vacation rental markets.

Vacasa’s Eric Breon says, “The opportunity that lies ahead of us is enormous, on both the property management and real estate side of the business. We’re seeing an increased number of buyers looking to purchase vacation homes as an investment, with the intent to rent the property.”

Vacasa also finalized its $162-million acquisition of Wyndham Vacation Rentals, which added a portfolio of more than 9,000 homes in 50 destinations.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
  • ◦Lease
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