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Latham & Watkins Advises Vacasa, a Portfolio Company of Silver Lake and Other Investors, in its Acquisition of Turnkey Vacation Rentals

March 11, 2021
A multidisciplinary team advises the vacation rental management platform in the strategic transaction.

Vacasa, a leading vacation rental management platform in North America, has announced it has signed an agreement to acquire TurnKey Vacation Rentals, a vacation rental manager for premium homes in more than 80 destinations across the US. The transaction brings together two prominent vacation rental management companies with complementary portfolios and capabilities.

Latham & Watkins LLP represents Vacasa in the transaction with a corporate deal team led by Bay Area partners Eric Schwartzman and Saad Khanani and New York partners Marc Jaffe and Justin Hamill, with Orange County associate Shannon Cheng and Bay Area associates Erika Solanki and Amanda Dillon. Advice was also provided on tax matters by New York partner Lisa Watts, with New York associate Alan Kimball; on benefits and compensation matters by Bay Area partner Erin Murphy, with Bay Area associate James Robinson; on intellectual property matters by Bay Area partner Anthony Klein, with Bay Area associate Adam Kaldor; on antitrust matters by Bay Area partner Josh Holian and Washington, D.C. counsel Patrick English, with Bay Area associate Alexa Solimano; on insurance matters by Los Angeles partner Drew Levin, with Los Angeles associate Harrison White; and on investment funds matters by Chicago partner Nabil Sabki.