PORTLAND, Ore.–(BUSINESS WIRE)–VacasaNorth America’s leading vacation rental management platform, today announced that CEO Matt Roberts and Chief Financial Officer Jamie Cohen will join in a fireside chat at RBC Capital Markets 2021 Global Conference on Technology, Internet, Media and Telecommunications Tuesday, November 16, 2021 at 11:20 a.m. EST / 8:20 a.m. PST.
Live and replay versions of the webcast can be accessed on Vacasa’s investor website at www.vacasa.com/investors.
Vacasa is North America’s leading vacation rental management platform, transforming the vacation rental experience by integrating purpose-built technology with local and national teams of experts. Owners enjoy significant additional revenue on one of their most valuable assets, thanks to the company’s unrivaled technology that adjusts rates in real time to maximize revenue. Customers can relax in comfort at Vacasa’s more than 30,000 homes in over 400 destinations across North America, Belize and Costa Rica, knowing that 24/7 support is only a stone’s throw away. a phone call. In addition to allowing customers to search, discover and book their properties on Vacasa.com and the Vacasa Guest app, Vacasa provides valuable and professionally managed inventory to major distribution partners including Airbnb, Booking.com and Vrbo. In the summer of 2021, Vacasa entered into an agreement to become a publicly traded company through a business combination with TPG Rhythm Solutions (NYSE: TPGS; “TPGS”), a special purpose acquisition company (“SPAC”). Interested parties should refer to the definitive proxy statement/prospectus filed by Vacasa, Inc. with the United States Securities and Exchange Commission for important information regarding TPG Pace Solutions, Vacasa and the proposed business combination.
For more information, visit https://www.vacasa.com/press.
Additional information and where to find it
This press release is issued in connection with a proposed business combination involving Vacasa and TPGS. In connection with the proposed transaction, Vacasa, Inc. (“NewCo”) has filed a registration statement on Form S-4 with the SEC, which is effective. TPGS urges investors, shareholders and other interested persons to read the definitive proxy statement/prospectus and other documents filed with the SEC as these documents will contain important information about TPGS, Vacasa, NewCo and the business combination. . Shareholders may obtain a copy of the definitive proxy statement/prospectus, free of charge, by sending a request to: TPG Pace Solutions, 301 Commerce St., Suite 3300, Fort Worth, TX 76102. /definitive prospectus can also be obtained free of charge from the SEC’s website (www.sec.gov).
Participants in the solicitation
TPGS, NewCo, Vacasa and their respective directors and officers may be considered participants in the solicitation of proxies from TPGS shareholders in connection with the proposed business combination. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of certain of the officers and directors of TPGS in the solicitation by reading TPGS’ initial public offering prospectus, which has been filed with of the SEC on April 9, 2021, and the definitive proxy statement/prospectus relating to the business combination, which was filed with the SEC on November 10, 2021, and other relevant documents filed with the SEC in the framework of the business combination when they become available. Further information regarding the interests of participants in the solicitation, which may, in some cases, differ from those of their shareholders generally, is set forth in the definitive proxy statement/prospectus relating to the business combination. Shareholders, potential investors and other interested persons should read the definitive proxy statement/prospectus carefully before making any voting or investment decisions. Copies of these documents may be obtained free of charge from the sources indicated above.
Certain statements made in this press release are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as ” anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook” and “project” and other similar expressions which predict or indicate future events or trends or which are not statements of historical matters. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. Accordingly, caution should be exercised when relying on forward-looking statements. Due to known risks and unknown, actual results could differ materially from TPGS’s or Vacasa’s expectations or projections. The following factors, among others, could cause e that actual results will differ materially from those described in such forward-looking statements: (i) the occurrence of any event, change or other circumstance that may give rise to the termination of the definitive agreement for the business combination between TPGS and Vacasa ( the “Business Combination Agreement”); (ii) the combined company’s ability to meet listing standards following the transaction and in connection with its completion; (iii) the inability to complete the transactions contemplated by the Business Combination Agreement due to the inability to obtain TPGS shareholder approval or other reasons; (iv) non-compliance with the minimum cash requirements of the business combination agreement due to the redemptions of the shareholders of TPGS and one or more defaults by the investors in the private placement which is undertaken in connection with the combination companies, and the inability to obtain replacement financing; (v) costs relating to the proposed transaction; (vi) changes in applicable laws or regulations; (vii) the combined company’s ability to achieve its financial and strategic objectives, due to, among other things, competition; the combined company’s ability to pursue a growth strategy and manage the profitability of growth; (viii) the possibility that the combined company will be adversely affected by other economic, business and/or competitive factors; (ix) the continuing or new effects of the COVID-19 pandemic on TPGS and Vacasa and their ability to complete the transaction; and (x) other risks and uncertainties described herein, as well as the risks and uncertainties discussed from time to time in other reports and other public filings with the SEC by TPGS and NewCo.
Additional information regarding these and other factors that could impact TPGS’s and Vacasa’s expectations and projections may be found in TPGS’s and NewCo’s periodic filings with the SEC and in the company’s proxy statement. definitive proxies/prospectuses. Documents filed with the SEC by TPGS and NewCo are publicly available on the SEC’s website at www.sec.gov.
The above list of factors is not exclusive. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. Neither TPGS nor Vacasa undertakes or accepts the obligation or undertaking to publicly release updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances. upon which such statement is based, subject to applicable law.
No offer or solicitation
This press release does not constitute a solicitation of proxy, consent or authorization with respect to any securities or with respect to the proposed business combination. This press release also does not constitute an offer to sell or the solicitation of an offer to buy any securities, and there will be no sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be illegal prior to registration or qualification. under the securities laws of such jurisdiction. No offer of securities will be made except by means of a prospectus satisfying the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.
There can be no assurance that the transactions described herein will be consummated, nor can there be any assurance, if such transactions are consummated, that the potential benefits of the business combination will be realized. The description of the transactions contained herein is a summary only and is qualified in its entirety by reference to the definitive agreements relating to the transactions, copies of which have been filed as exhibits to the current report on Form 8-K. filed by TPGS with the SEC on August 3, 2021.