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Hyphen Solutions Acquires Chameleon Power

Feb 01, 2022almost 4 years ago

Acquiring Company

Hyphen Solutions

Acquired Company

Chameleon Power

DallasReal EstateSoftware

Description

Hyphen Solutions announced that it has acquired all of the assets of Chameleon Power, which includes web visualizers, photo upload tools, 3D, VR, AR home renderings and visual product configurators. Hyphen Solutions has also acquired the host of color tools designed to give end-users accurate representations of exact colors regardless of the presentation platform, such as print, mobile or PC. These Home Builder visualization tools have been used by hundreds of companies within the residential construction industry. Verticals served by these residential construction tools include Suppliers, Contractors and Trades such as: painters, windows, doors, decking, brick, tile, home exteriors, design, railing, pavers, patio, kitchen design, roofers and wall panel design. This acquisition helps Hyphen Solutions better serve the entire supply chain to include Home Builders, Suppliers, Contractors, Remodelers, Manufacturers and Distributors.

Company Information

Company

Hyphen Solutions

Location

Dallas, Texas, United States

About

Hyphen Solutions has been providing industry-leading construction management software to Home Builders, Suppliers and Manufacturers since 1999. By utilizing technology, Builders and Suppliers can focus on what they do best: deliver quality, customer satisfaction, safety and continuous process improvements. For Home Builders of all sizes, including production, semi-custom and custom home builders, Hyphen created BuildPro, the most widely used software-as-a-service application among North American Home Builders to schedule their residential construction projects. To support the everchanging needs of builders in the industry, Hyphen has developed an array of products to support different business needs from ERP to payment processing and more.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed