Add-on Acquisition • Software

TMA Systems Acquires Virtual Facility

On May 19, 2025, TMA Systems acquired software company Virtual Facility

Acquisition Context
  • This is TMA Systems’ 5th transaction in the Software sector.
  • This is TMA Systems’ 4th transaction in the United States.
  • This is TMA Systems’ 1st transaction in New York.

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M&A Deal Summary

Date May 19, 2025
Target Virtual Facility
Sector Software
Buyer(s) TMA Systems
Deal Type Add-on Acquisition

Target Company

Virtual Facility

New York, New York, United States
Virtual Facility is a provider of alarm data management and intelligence for mission-critical facilities. Its SaaS platform applies machine learning to unify and prioritize building alarms, automate work orders, and provide data-driven insights that cut downtime and operational risk. Virtual Facility was founded in 2018 and is based in New York, New York.
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Buyer Overview 1

Buyer

TMA Systems

Tulsa, Oklahoma, United States

Category Company
Sector Software
DESCRIPTION

TMA Systems is a provider of advanced Computerized Maintenance Management Systems (CMMS) and Enterprise Asset Management Solutions (EAMS). The company's advanced solutions meet or exceed the needs of education, healthcare, corporate, government, telecommunication, transportation, manufacturing, and retail organizations. TMA Systems is based in Tulsa, Oklahoma.


Deal Context for Buyer #
Overall 6 of 7
Sector: Software 5 of 5
Type: Add-on Acquisition 6 of 7
State: New York 1 of 2
Country: United States 4 of 5
Year: 2025 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-11 EQ2

Charlotte, North Carolina, United States

EQ2 is a provider of computerized maintenance management systems (CMMS) tailored specifically for healthcare organizations to manage their clinical assets and facility equipment. EQ2 was founded in 1993 and is based in Charlotte, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-09 Facil-IT

Williston Park, New York, United States

Facil-IT is a CMMS purpose-built for the unique workflows, compliance needs, and vendor relationships of maintenance service organizations that self-perform work or manage contractors. Facil-IT was formed in 2014 and is headquartered in Williston Park, New York.

Buy -