Evolve Acquires Guestworks Portfolio From Vacasa

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Vacation rental management company Evolve has acquired the Guestworks portfolio from Vacasa for an undisclosed sum.

Guestworks provides technology tools for short-term rental operators who manage their own properties, and the acquisition includes its 1,000-home portfolio. Evolve co-founder and CEO Brian Egan said the deal strengthens the company’s leadership in hybrid, tech-enabled vacation rental management.

“This transaction strengthens our category leadership and underscores our focus on what we do best—leveraging technology and human expertise to deliver exceptional performance and service at industry-low rates,” Egan said.

He also highlighted the company’s evolution since its founding in 2011, including the development of its AI-powered platform. “This acquisition reflects that progress and sets the stage for our next chapter of continued growth and innovation,” he wrote on LinkedIn. “Bringing Guestworks homeowners onto the Evolve management platform allows us to serve more owners who value performance, partnership and simplicity. And it enables both Evolve and Vacasa to focus on what we do best.”

For Casago, which acquired Vacasa in March, the deal “creates space to deepen its commitment to locally owned, full-service property management delivered by its network of franchise partners,” the companies said.

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