October 21, 2019
VTS entered into an agreement to acquire PropertyCapsule, the marketing automation and prospecting software used by more than 50% of the top 100 retail landlords in North America, for an undisclosed sum. Thomas Byrne, CEO of PropertyCapsule and former president and COO of LoopNet, will join VTS as general manager, retail products and data, a newly-created position.
“The PropertyCapsule team has done an amazing job creating a best-in-class, innovative marketing and prospecting platform for leading retail landlords and brokerages, and I’m thrilled to welcome them to the VTS family,” said Nick Romito, CEO of VTS.
He added, “VTS is investing heavily in the retail sector and the combination of PropertyCapsule’s strong market traction and the deep experience of the team made this acquisition an obvious decision.”
VTS will be showcasing PropertyCapsule at the upcoming ICSC New York Deal Making Conference in New York City on Dec 10 – 12.
Pictured: Nick Romito.
Connect National Investment & Finance is coming to New York on Oct. 23. For more information, or to register, click here.
Connect Opportunity Zones will be presented for the first time on Oct. 23 in New York. For more information, or to register, click here.
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