Renaissance Capital logo

Vacasa (TPG Pace Solutions) Priced, NYSE: VCSA

Blank check company formed by TPG targeting mature businesses underperforming their potential (completed 12/6/2021).

Industry: SPAC

First Day Return: +1.1%

Industry: SPAC

We are a newly incorporated blank check company. Our sponsor is an affiliate of TPG. We intend to capitalize on the ability of our management team to identify, acquire and operate a business that we believe will be well positioned to thrive in the public markets. Consistent with our strategy, we have identified the following general criteria and guidelines which we believe are important in evaluating prospective target businesses. We intend to acquire one or more businesses that we believe: are underperforming their potential in industries that are otherwise exhibiting stable or improving fundamentals; are at an inflection point, such as those requiring additional management expertise, are able to innovate by developing new products or services, or where we believe we can drive improved financial performance and where an acquisition may help facilitate growth; have built a unique product or service that addresses a large consumer or business market with sustainable competitive differentiation; are mature, at scale and ready to access the public capital markets, but need help articulating their business model and opportunity to public investors; have significant embedded and/or underexploited expansion opportunities; exhibit unrecognized value or other characteristics that we believe have been misevaluated by the marketplace; will offer attractive risk-adjusted equity returns for our shareholders.
more less
IPO Data
IPO File Date 03/08/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/08/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $250
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Fort Worth, TX, United States
Founded 2021
Employees at IPO 3
Website www.tpg.com/platforms/paceholdings

Vacasa (TPG Pace Solutions) (VCSA) Performance