by Ann Withanee — October 13, 2010—Expesite, a leading project management solution company based in Columbus, Ohio, announces the acquisition of VisionFM, a Canadian based facilities management and asset management software company.
The company sees the acquisition of VisionFM as an essential element of Expesite’s strategic evolution into an end-to-end platform solution for real estate development and facilities management, according to Expesite.
Since 1994, VisionFM’s Computer Aided Facilities Management (CAFM), Computerized Maintenance Management Systems (CMMS) and Financial Information Management Systems (FIMS) solutions have provided a unified view of facilities management, asset management, space management and capital planning for the Healthcare, Education and Institutional Industries.
Chris Dodds, President of VisionFM, commented, “My team and I are excited to move forward as a part of Expesite. Our solutions are complementary to those of Expesite, and together we can offer a robust Integrated Workplace Management System for both existing and new clients of Expesite and VisionFM.”
Chris Dodds will join Expesite’s Senior Leadership Team as Senior Vice President of Facility Solutions and he will manage day-to-day activities at Expesite’s new regional office located in Toronto, Ontario. “Having a regional office presence in Canada is a great benefit and opportunity for Expesite,” commented Sopp. “We will be better structured to service our existing Canadian clients and expand our markets throughout Canada.”
For the past four years, Expesite has maintained its standing among Inc. 5000’s fastest growing companies in the U.S. The company’s financial strength has made it well-positioned to invest in technologies that extend its current platform offerings.
“The acquisition of VisionFM marks Expesite’s second acquisition in two years. The first acquisition took place in 2009, with the acquisition of Report Hawk, a Software as a Service (SaaS), which provides daily job reports and weekly reporting solutions for general contractors,” said Sopp.
