M&A Deal Summary

VTS Acquires Lane

On October 19, 2021, VTS acquired internet software and services company Lane

Acquisition Highlights
  • This is VTS’s 3rd transaction in the Internet Software and Services sector.
  • This is VTS’s 1st transaction in Canada.
  • This is VTS’s 1st transaction in Ontario.

M&A Deal Summary

Date 2021-10-19
Target Lane
Sector Internet Software and Services
Buyer(s) VTS
Deal Type Add-on Acquisition

Target

Lane

Toronto, Ontario, Canada
Lane is a tenant experience platform designed and built a no-code platform that would connect the workplace and address the needs of everyone in it from companies and their employees to asset managers and on-site building teams, to retail tenants, flex providers, and everyone in between. Lane was founded in 2014 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

VTS

New York, New York, United States

Category Company
Founded 2010
Sector Internet Software and Services
DESCRIPTION

VTS is a provider of cloud-based leasing and asset management platform built to provide real-time leasing and asset management data to the top landlords and brokerage firms in the world. VTS was formed in 2010 and is based in New York, New York.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-09 Rise Buildings

Chicago, Illinois, United States

Rise Buildings, Inc. is a robust occupant experience and property operations platform that consolidates multiple software and hardware solutions into one, fully-integrated platform. Rise Buildings was founded in 2016 and is based in Chicago, Illinois.

Buy -