by Shane Henson — May 18, 2012—In a strategic move to expand their service offerings, reach more customers and gain new partners, VFA Inc. and VFA Canada Corporation, providers of solutions for facilities capital planning and asset management, are acquiring Altus Group’s Capital Planning Division.
Altus Capital Planning is a recognized leader in capital planning methodology implementation, process change, and planning technologies. According to the company, its customers represent a cross-section of institutional and corporate sectors, including manufacturing, municipalities, telecommunications, provincial governments, universities, colleges, healthcare, financial and real estate property management organizations.
VFA provides end-to-end solutions for facilities capital planning and asset management worldwide. VFA solutions uniquely combine facilities 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. According to the company, more than 500 organizations in corporate, education, government and healthcare markets have relied on its solutions to strategically manage their capital assets, and VFA’s flagship software product, VFA.facility, is currently used to manage more than 4 billion square feet of real estate.
