VFA to acquire Altus Group's Capital Planning division

VFA, Inc. and VFA Canada Corp. announced that they have signed a purchase agreement to acquire the Altus Capital Planning division of Altus Group. Closing is scheduled to take place on or before June 30, 2012, subject to the satisfaction of certain conditions.

The acquisition will enable VFA to build upon its leadership position for facilities capital planning in North America and gain a significant number of icustomers and partners. Financial terms were not disclosed. +