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Vtrips Announces Acquisition Of Southern Vacation Rentals

Apr 27, 2022•over 3 years ago

Acquiring Company

VTrips

Acquired Company

Vacation Rentals

Other

Description

VTrips, one of the fastest-growing vacation rental management companies in the United States, announced the acquisition of Southern Vacation Rentals on April 1.

Company Information

Company

VTrips

About

Founded in 2006 by visionary Steve Milo as a management solution for his own Florida rental properties, VTrips is one of the fastest-growing vacation rental management companies in the United States. Now with more than 5,000 private vacation villas, condominiums, and homes in resort destinations throughout Alabama, Florida, Hawaii, Maryland, New Mexico, South Carolina, Tennessee, and Texas, VTrips believes in staffing its nationwide offices with local experts dedicated to exceeding the expectations of both property owners and vacationers. More information at VTrips.com. Media Contact: Kristen Mcintosh kristen.mcintosh@vtrips.com SOURCE VTrips

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed