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In acquiring Rise, VTS expects to continue to expand and strengthen the value our customers already receive from our platform with new capabilities that will be more critical than ever as landlords focus on renewing existing tenants and reducing vacancies in the coming months. By integrating Rise into the VTS offering, our aim is to redefine the category of tenant experience and provide landlords with a full-service platform that continues the journey of digitizing the entire asset experience.
The combination of Rise and VTS is a big win for landlords. As a landlord familiar with both companies, I believe this acquisition will be instrumental in giving the industry enhanced portfolio insights that will help us connect with tenants and occupants in more meaningful ways. With VTS and Rise together, we will improve the property experience for everyone and get ahead of executing renewals and new leasing opportunities in a particularly challenging market.
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