Vacatia Acquires The Berkley Group and Daily Management
January 2, 2025
Vacatia, a technology-driven hospitality company, acquired The Berkley Group, Inc. and Daily Management, Inc., combining Vacatia’s product and rental capabilities with Berkley and Daily Management’s resort development, sales and property-management expertise. The transaction was financed in partnership with affiliates of Fairfax Financial (via Hamblin Watsa Investment Counsel Ltd.), and brings together more than 2,500 associates servicing over 460,000 owners and managing over 11,000 units across 13 states.
- Buyers
- Vacatia, Inc., Affiliates of Fairfax Financial Holdings Limited (financing partner; Hamblin Watsa Investment Counsel Ltd.)
- Targets
- The Berkley Group, Inc., Daily Management, Inc.
- Industry
- Real Estate
- Location
- Florida, United States
- Transaction Type
- Buyout
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