.
MergerLinks Header Logo

Announced

Completed

CBRE led a $125m Series E round in VTS.

Financials

Edit Data
Transaction Value£108m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private Equity

Minority

Single Bidder

Venture Capital

Domestic

Private

Acquisition

Completed

United States

real estate

leasing

asset management

online platform

Online and Social Platforms

Friendly

Synopsis

Edit

CBRE, the world’s largest commercial real estate services and investment firm, led a $125m Series E round in VTS, a technology platform that transforms how strategic decisions are made and executed across the asset lifecycle, with participation from BentallGreenOak, AmTrust, Brookfield Ventures, and Insight Venture Partners. "Over the past two years, VTS has undergone a transformative evolution, shifting from a single-product company to a multi-product platform that serves every player in the ecosystem—from landlord to broker to tenant. This infusion of capital lets us double down there, allowing our customers to offer a completely tailored property experience to their tenants across their entire portfolios. We look forward to expanding upon our long-standing relationship with CBRE, which shares this same vision in providing their people and customer base with technology that delivers a modern, portfolio-driven experience across all asset types," Nick Romito, VTS CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US