Ropes & Gray Represents Silver Lake in New Financing in Vacasa
Ropes & Gray represented Silver Lake which led a $108 million financing round in Vacasa, North America’s largest vacation rental management platform. The transaction was announced on June 2. The press release is here.
In ten years, Vacasa and its licensed subsidiaries have grown to become North America’s largest vacation rental management platform. The Vacasa app is available to download on the Apple Store and Google Play. Silver Lake is the global leader in technology investing, with over $40 billion in combined assets under management and committed capital and a team of approximately 100 investment and operating professionals located in Silicon Valley, New York, London and Hong Kong.
The Ropes & Gray team that represented Silver Lake was led by private equity partner Eric Issadore (San Francisco), and included finance partner Arek Maczka, tax partner Adam Greenwood (both New York), employment, executive compensation & benefits partners Megan Bisk and Jenny Rikoski (all Boston), and data, privacy & cybersecurity partner Edward McNicholas (Washington D.C.).