BRIEF-Vacasa To Be Publicly Listed Through Combination With TPG Pace Solutions

Reuters

Jul 29, 2021

July 29 (Reuters) - Vacasa:

* VACASA, NORTH AMERICA’S LEADING VACATION RENTAL MANAGEMENT PLATFORM, TO BE PUBLICLY LISTED THROUGH COMBINATION WITH TPG PACE SOLUTIONS

* TPG PACE SOLUTIONS CORP - TRANSACTION IMPLIES A PRO FORMA EQUITY VALUE FOR VACASA OF APPROXIMATELY $4.5 BILLION

* TPG PACE SOLUTIONS CORP - VACASA IS EXPECTED TO RECEIVE $485 MILLION IN GROSS CASH PROCEEDS

* TPG PACE SOLUTIONS CORP - VACASA'S EXISTING INVESTORS, INCLUDING SILVER LAKE, TOGETHER WITH FOUNDER ERIC BREON & MANAGEMENT, EXPECT TO ROLL 100% OF EQUITY

* TPG PACE SOLUTIONS CORP - VACASA'S EXISTING INVESTORS, FOUNDER ERIC BREON AND MANAGEMENT EXPECT TO RETAIN 88% OWNERSHIP OF CO AFTER TRANSACTION CLOSE

* TPG PACE SOLUTIONS CORP - UPON CLOSING OF TRANSACTION, COMBINED COMPANY IS EXPECTED TO BE PUBLICLY TRADED UNDER TICKER SYMBOL "VCSA."

* TPG PACE SOLUTIONS CORP - UPON CLOSING OF BUSINESS COMBINATION, KARL PETERSON WILL JOIN VACASA BOARD OF DIRECTORS

* TPG PACE SOLUTIONS CORP - VACASA IS EXPECTED TO RECEIVE A FULLY COMMITTED COMMON EQUITY INVESTMENT OF $200 MILLION

* TPG PACE SOLUTIONS CORP - IN 2021, VACASA ESTIMATES ITS GROSS BOOKING VALUE TO BE APPROXIMATELY $1.6 BILLION ON FIVE MILLION NIGHTS SOLD

* TPG PACE SOLUTIONS CORP - VACASA FORECASTS A REVENUE CAGR OF 31% FROM 2021 TO 2023, WITH REVENUE GROWING FROM $757 MILLION IN 2021 TO $1.3 BILLION BY 2023

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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MANAGEMENT, EXPECT TO ROLL 100% OF EQUITY</p><p>   * TPG PACE SOLUTIONS CORP - VACASA'S EXISTING INVESTORS, FOUNDER ERIC BREON AND MANAGEMENT EXPECT TO RETAIN 88% OWNERSHIP OF CO AFTER  TRANSACTION CLOSE</p><p>   * TPG PACE SOLUTIONS CORP - UPON CLOSING OF TRANSACTION, COMBINED COMPANY IS EXPECTED TO BE PUBLICLY TRADED UNDER TICKER SYMBOL \"VCSA.\"</p><p>   * TPG PACE SOLUTIONS CORP - UPON CLOSING OF BUSINESS COMBINATION, KARL PETERSON WILL JOIN VACASA BOARD OF DIRECTORS</p><p>   * TPG PACE SOLUTIONS CORP - VACASA IS EXPECTED TO RECEIVE A FULLY COMMITTED COMMON EQUITY INVESTMENT OF $200 MILLION</p><p>   * TPG PACE SOLUTIONS CORP - IN 2021, VACASA ESTIMATES ITS GROSS BOOKING VALUE TO BE APPROXIMATELY $1.6 BILLION ON FIVE MILLION NIGHTS SOLD</p><p>   * TPG PACE SOLUTIONS CORP -  VACASA FORECASTS A REVENUE CAGR OF 31% FROM 2021 TO 2023, WITH REVENUE GROWING FROM $757 MILLION IN 2021 TO $1.3 BILLION BY 2023</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2155036183","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2155036183","pubTimestamp":1627570513,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"July 29 (Reuters) - Vacasa:   * VACASA, NORTH AMERICA’S LEADING VACATION RENTAL MANAGEMENT PLATFORM,","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Brief-Vacasa将通过与TPG Pace Solutions联合上市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TPGS":1},"content_text":"July 29 (Reuters) - Vacasa:   * VACASA, NORTH AMERICA’S LEADING VACATION RENTAL MANAGEMENT PLATFORM, TO BE PUBLICLY LISTED THROUGH COMBINATION WITH TPG PACE SOLUTIONS   * TPG PACE SOLUTIONS CORP - TRANSACTION IMPLIES A PRO FORMA EQUITY VALUE FOR VACASA OF APPROXIMATELY $4.5 BILLION   * TPG PACE SOLUTIONS CORP - VACASA IS EXPECTED TO RECEIVE $485 MILLION IN GROSS CASH PROCEEDS   * TPG PACE SOLUTIONS CORP - VACASA'S EXISTING INVESTORS, INCLUDING SILVER LAKE, TOGETHER WITH FOUNDER ERIC BREON & MANAGEMENT, EXPECT TO ROLL 100% OF EQUITY   * TPG PACE SOLUTIONS CORP - VACASA'S EXISTING INVESTORS, FOUNDER ERIC BREON AND MANAGEMENT EXPECT TO RETAIN 88% OWNERSHIP OF CO AFTER  TRANSACTION CLOSE   * TPG PACE SOLUTIONS CORP - UPON CLOSING OF TRANSACTION, COMBINED COMPANY IS EXPECTED TO BE PUBLICLY TRADED UNDER TICKER SYMBOL \"VCSA.\"   * TPG PACE SOLUTIONS CORP - UPON CLOSING OF BUSINESS COMBINATION, KARL PETERSON WILL JOIN VACASA BOARD OF DIRECTORS   * TPG PACE SOLUTIONS CORP - VACASA IS EXPECTED TO RECEIVE A FULLY COMMITTED COMMON EQUITY INVESTMENT OF $200 MILLION   * TPG PACE SOLUTIONS CORP - IN 2021, VACASA ESTIMATES ITS GROSS BOOKING VALUE TO BE APPROXIMATELY $1.6 BILLION ON FIVE MILLION NIGHTS SOLD   * TPG PACE SOLUTIONS CORP -  VACASA FORECASTS A REVENUE CAGR OF 31% FROM 2021 TO 2023, WITH REVENUE GROWING FROM $757 MILLION IN 2021 TO $1.3 BILLION BY 2023Source text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}