SOURCE: VFA, Inc.

VFA, Inc.

July 06, 2012 09:00 ET

VFA Closes on Acquisition of Altus Group's Capital Planning Division

Strategic Move Strengthens VFA's Facilities Capital Planning Market Position in North America

BOSTON, MA and BURNABY, BC--(Marketwire - Jul 6, 2012) - VFA, Inc. and VFA Canada Corporation, the leading providers of end-to-end solutions for facilities capital planning and asset management, today announced they have closed on the acquisition of the Altus Capital Planning division of Altus Group.

The acquisition enables VFA to build upon its leadership position for facilities capital planning in North America and gain a significant number of impressive customers and partners.

"With the acquisition of Altus Capital Planning, VFA is positioned to help even more organizations across North America meet the challenges of strategic facilities capital planning and management," said Jerry Kokos, president and CEO, VFA. "I look forward to this next phase in our company's growth."

To connect with VFA, please follow us on Twitter at @VFAINC, or visit our blog, Foundations, which is aimed at providing information to readers that serves as a foundation for intelligent facilities capital planning and management.

About VFA
VFA is the leading global provider of end-to-end solutions for facilities capital planning and sustainability. VFA solutions uniquely combine facility assessment services, web-based software and business consulting services to enable customers to manage every stage of the capital asset lifecycle -- from requirements gathering and long-term planning to capital budget creation and spend management. More than 600 organizations in corporate, education, government and healthcare markets have relied on VFA solutions to strategically manage their capital assets. VFA's flagship software product, VFA.facility®, is currently used to manage more than 4 billion square feet of real estate. For more information, please call 800-693-3132 in the U.S. or 888-685-3757 in Canada, or visit http://www.vfa.com.

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