Accruent Acquires VFA

Posted by Admin on November 24, 2014 under EAM/CMMS | Be the First to Comment

Accruent acquired VFA on November 17th, 2014. Accruent offers a wide selection of real estate and facilities management solutions including Enterprise Asset Management, Maintenance Management, Project Management, Space/Occupancy Planning, and Market Planning.

VFA’s cloud lifecycle management software solutions and consulting services enable customers to assess their real estate portfolios, allocate capital, and make better decisions to support their organizations’ mission and strategy.

Accruent has been acquiring point solutions over the last few years, with the intent to build a comprehensive real estate management platform. Back in late 2011 they acquired 360Facility, an EAM/CMMS (Enterprise Asset Management/Computerized Maintenance Management System) application that was an early adopter of SaaS delivery methodology. They have since been porting their other applications to the 360Facility SaaS architecture, and also continuing to purchase other point solutions such as Siterra, Expesite, Evoco, and Four Rivers Software.

While many of Accruents’ customers are in the private sector, they have been gaining traction in healthcare, public sector, and higher education verticals. If you are considering an EAM/CMMS solution, and are interested in a SaaS model, then Accruent might be a candidate for you!

Add A Comment