New Details After Casago-Vacasa Deal: Property Manager to Sell Some Local Operations [Yahoo! Finance]
Vacasa, Inc. (VCSA)
Company Research
Source: Yahoo! Finance
Buy a bunch of smaller, local property managers as part of a rollup strategy? Use your own sales force to sign up homeowners? That's one of the existential problems in property management and Casago – backed by investor Roofstock – is trying to solve it with its pending $128 million acquisition of Vacasa Vacasa, the largest U.S. based property manager with 36,500 homes under management in late December, stumbled over the scaling issue in its 15-year journey. It acquired many local property managers over the years, but found it was inefficient and costly, with many of the homeowners bolting for other management companies after the corporate takeovers. In fact, Vacasa reportedly would lose 30% of its contracts after a typical acquisition. Vacasa switched a couple of years ago to relying on its salespeople to find new homes to manage, but never stopped the homeowner churn. Sell Off Local Operations and Enter Into Franchise Agreements In a strategy that hasn't been reported unti
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News
- Vacasa Inc Is Being Investigated For Securities Fraud And The Schall Law Firm Urges Affected Shareholders To Reach OutAccesswire
- Investors With Losses Are Invited To Join The Schall Law Firm In An Inquiry Into Vacasa, Inc. For Securities Law Violations Accesswire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates VCSA, LTRPA, CTV on Behalf of ShareholdersGlobeNewswire
- Vacasa Inc Is Being Investigated For Securities Fraud And The Schall Law Firm Urges Affected Shareholders To Reach OutAccesswire
- Investors With Losses Are Invited To Join The Schall Law Firm In An Inquiry Into Vacasa Inc For Securities Law ViolationsAccesswire
VCSA
Earnings
- 11/7/24 - Beat
VCSA
Sec Filings
- 12/31/24 - Form DEFA14A
- 12/31/24 - Form 8-K
- 12/30/24 - Form DEFA14A
- VCSA's page on the SEC website