April 22, 2026
HILTON HEAD ISLAND, S.C. – Blue Sage Capital (“Blue Sage”), an Austin, Texas-based private equity firm, in partnership with MBN Brands (“MBN”), an independent sponsor, is pleased to announce the formation of Dwell Vacation Rentals (“Dwell” or the “Company”). Headquartered in Hilton Head Island, South Carolina, Dwell is a full-service short-term rental property management platform with 2,000+ units across the Hilton Head Island, Edisto, and Myrtle Beach markets.
Operating as a franchisee of Casago, North America’s premier vacation rental and property management brand, Dwell combines locally embedded management teams with technology, dynamic pricing tools, and proven operational infrastructure to deliver high-quality performance for homeowners and guests alike. The Company’s South Carolina coastal portfolio spans from Myrtle Beach down to Hilton Head Island, some of the Southeast’s most sought-after vacation destinations.
“Blue Sage is excited to partner with CEO Wyatt Batchelor and the entire MBN team to build and operate a first-class vacation rental management platform,” said Jonathan Pearce, Partner at Blue Sage Capital. “We believe there is a compelling opportunity to implement industry best practices and technology, while leaning into the local in-market presence homeowners and renters expect, to exceed the expectations of our guests and property owners.”
"The Casago franchise model gives us something most operators can't replicate, a national infrastructure with genuine local accountability. Our focus is simple: premier returns for homeowners and a best-in-class guest experience across every market we serve. This exciting partnership with Blue Sage and MBN Brands provides resources unmatched by any other operator in the industry," said Wyatt Batchelor, Chief Executive Officer of Dwell Vacation Rentals.
For more information, visit dwellvacationrentals.com.
Blue Sage was represented in the transaction by Queen Saenz + Schutz PLLC (Legal), SCA Transaction Services (Accounting), and Cherry Bekaert (Tax).
About Dwell Vacation Rentals
Dwell Vacation Rentals is a full-service short-term rental property management platform headquartered in Hilton Head Island, South Carolina. Operating as a Casago franchisee, Dwell manages 2,000+ units across Hilton Head Island, Edisto, and Myrtle Beach, delivering exceptional homeowner care and differentiated guest experiences in the Southeast’s premier coastal and island markets. Learn more at dwellvacationrentals.com.
About Blue Sage Capital
Blue Sage Capital is an Austin, Texas-based private equity firm that has been investing in profitable, growing, lower middle-market companies since 2002. Blue Sage currently has over $1.2 billion of assets under management and seeks to partner with founders, families, and management teams as the first round of institutional capital for businesses that enjoy leadership positions in niche manufacturing, environmental solutions, or specialty services industries. Blue Sage typically invests $25 million to $60 million in control buyout investments and recapitalizations of companies with $25 million to $200 million of revenue.
About MBN Brands
MBN Brands is an Atlanta, Georgia-based independent sponsor focused on acquiring, operating, and growing best-in-class businesses with strong financial and leadership fundamentals. MBN partners with experienced management teams to build and scale businesses across franchising and service-oriented sectors.
For questions or inquiries, please contact Jonathan Pearce (jonathan.pearce@bluesage.com), Eric Stevenson (eric.stevenson@bluesage.com) at Blue Sage Capital, Wyatt Batchelor (wyatt@dwellvacationrentals.com) at Dwell Vacation Rentals, or Leo Nolan (leo@mbnbrands.com) at MBN Brands.