Ropes & Gray Advises Silver Lake In Leading $319 Million Investment Round in Vacasa
Ropes & Gray advised private equity firm Silver Lake Partners, a global leader in technology investing, which led a $319 million strategic investment round in Vacasa, North America’s largest vacation rental management platform. The transaction was announced on October 29. The press release is here.
Silver Lake is the leading global investment firm dedicated to building and growing great technology and tech-enabled companies. Vacasa’s integrated technology and services platform provides end-to-end vacation rental property management solutions to homeowners around the world.
Existing investors Riverwood Capital, Level Equity and NewSpring also participated in the investment.
The Ropes & Gray team advising Silver Lake was led by private equity partner Eric Issadore (San Francisco) and included tax partner Adam Greenwood (New York), benefits partner Jennifer Rikoski (Boston) and labor and employment partner Megan Bisk (Boston).