VTS

VTS in its acquisition of Lane Technologies

Client

VTS

Value

$200 million

Service

Mergers and Acquisitions

Date Closed

Industry

Technology

Lead Office

Toronto

 

On October 19, 2021, VTS announced its acquisition of Lane Technologies for approximately $200 million. The acquisition forms the largest office-app firm in the world, makes VTS a global leader for tenant experience, and triples VTS’ presence in Canada.

VTS is a New York-based commercial real estate leasing, marketing, asset management and tenant experience platform.

Lane Technologies is a workplace experience platform focused on its no-code enterprise software that streamlines office services.

Osler, Hoskin & Harcourt LLP advised VTS with a team consisting of Brett Anderson, Justin Dharamdial, Sahil Chopra, Bradley Lastman and Phil Abraham (Corporate), David Davachi, Taylor Cao, Irene Kang (Tax), Sam Ip (Technology), Damian Rigolo (Employment & Labour), Jonathan Wypych (Pensions & Benefits) and Kristin Ali, Maryna Polataiko (Privacy & Data Management), Josh Disenhouse (Real Estate) and Sandra Sbrocchi (Osler Works – Transactional).