Vacasa to Go Public via SPAC Merger With TPG Pace Solutions

Vacation rental platform Vacasa is planning to launch an IPO via a SPAC merger with TPG Pace Solutions. CEO Matt Roberts joined Cheddar to talk about the deal valuing the business at $4.5 billion and why a SPAC was the ideal route to take. "It’s a logical fit. They also have deep experience with vacation rentals, seed investors, and a company that we purchased earlier this year, TurnKey. So there’s a real, deep relationship between the company and TPG Pace," he said.
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