Vacatia Announces Acquisition of Berkley Group, One of the Nation's Largest Resort Developers

This strategic acquisition unites Vacatia's expertise in technology, product innovation, and rental solutions with Berkley and Daily Management's deep experience in resort sales, development, and management. Both Berkley and Daily Management will continue their existing operations and locations. Together, their combined workforce of over 2,500 associates will serve more than 460,000 owners and oversee management of over 11,000 units across 13 states, including Berkley's Vacation Village Resorts properties.

The transaction was financed in partnership with certain affiliates of Fairfax Financial Holdings Limited.