May 31, 2006—VFA, Inc., the leading provider of software and services for facilities asset management and capital planning, has acquired Mezzia, Inc., the company announced.
Based in Indianapolis, Mezzia is a privately-held company that provides Web-based capital spending management software to the healthcare market.
VFA and Mezzia provide complementary solutions that support the capital planning and management process, VFA says. VFA’s Capital Planning and Management Solution (CPMS) integrates expert facility condition assessment services and methodology, software for facilities asset management and capital planning, and related business consulting services. The Mezzia solution supports the management of the capital spending process and implements controls that reduce costs, improve overall financial performance and enhance the bottom line.
“With the addition of Mezzia, VFA extends our capital planning and management solution to address capital spending management, a capability that is important to our customers across a range of industries,” said Jerry Kokos, president and CEO of VFA. “We also enhance our depth of expertise in the healthcare sector, where we have seen significant growth in the past 18 months.”
The terms of the transaction are not being disclosed by either privately-held company. Healthcare Growth Partners, Inc. acted as a financial advisor to Mezzia for this transaction. VFA will also continue to operate Mezzia’s Indianapolis office.
Headquartered in Boston, VFA, Inc. is the leading provider of software and services for facilities management and capital planning. For more information, visit the contact Web site.