VFA

VFA, Inc. operates as a specialized provider of solutions for facilities capital planning and management. The firm was founded in 1998, initially as Vanderweil Facility Advisors, Inc., and is headquartered in Boston, Massachusetts. The company originated as a spin-out from Vanderweil, with Jerry Kokos leading the entity as President and CEO, transforming it into a leader in its niche. Over its history, VFA has undergone significant ownership changes, including an acquisition by Accruent in November 2014, which aimed to combine VFA's capital planning expertise with Accruent's operational facilities management solutions. Subsequently, in May 2021, VFA was moved from Accruent to Gordian, another Fortive operating company, to better align with Gordian's comprehensive facilities planning portfolio.

The company's business model is centered on a combination of software-as-a-service (SaaS) and professional consulting. Revenue is generated through subscription-based access to its cloud-based software and fees for its assessment and consulting services. VFA serves a diverse client base across North America and the UK, including government bodies, educational institutions, healthcare organizations, and corporate enterprises. The company provides these organizations with the tools and data necessary to justify capital funding requests, prioritize projects based on criticality, and optimize budget allocation for facility maintenance and renewal.

VFA’s core offering is a suite of software and services designed for end-to-end management of the capital asset lifecycle. The flagship product, VFA.facility, is a capital planning software platform that allows organizations to centralize facility and asset information. It features a comprehensive database to manage data points such as asset condition, location, and associated costs. Key functionalities include forecasting tools to model long-term costs, scenario planning for different spending levels, and project prioritization to develop actionable capital plans. The platform also provides benchmarking against industry standards and integrates with maintenance management systems. Complementing the software, VFA offers a range of facility assessment services, from detailed on-site condition assessments to green building and energy assessments, which provide the objective data needed to fuel the planning software.

Keywords: facilities capital planning, asset management software, facility condition assessment, capital budgeting, deferred maintenance, VFA.facility, real estate portfolio management, infrastructure planning, Gordian, Accruent, asset lifecycle management, facilities management consulting, building condition data, capital project prioritization, maintenance management, government facilities, education facilities, healthcare facilities, corporate real estate