Evergreen, CO – February 13, 2017: 1stWEST M&A, a leading investment banking and M&A advisory, today announced that it has brokered the sale of yet another construction software company. Serving as BRIX’s exclusive representative, 1stWEST M&A brokered the sale of BRIX to Hyphen Solutions. BRIX is a comprehensive, Cloud-based workflow management solution designed for use by single-family and multi-family production home builders.
1stWEST M&A has been extremely active in the construction software M&A sector, having brokered the recent sales of BuilderMT (to MiTek), Sales Simplicity (to MiTek), and now BRIX (to Hyphen Solutions).
“Company valuations in the construction software sector are nearing highs not seen since the dot-com era,” said John Wagner, Managing Director, 1stWEST M&A. “What more, M&A activity in the construction software sector is running at a fever pitch, as acquiring companies move to consolidate marketshare and fully leverage their growing user bases.”
“We are pleased to have worked with 1stWEST M&A on the BRIX acquisition. The 1stWEST M&A team was really helpful in driving the deal to fruition, so that all parties were able to execute the transaction flawlessly, said Felix Vasquez, President and CEO of Hyphen Solutions.
About 1stWest Mergers & Acquisitions
1stWEST Mergers & Acquisitions is full service international investment banking and advisory firm that is focused on the underserved lower middle-market of companies with sales of up to $100 million. The firm has built a unique business solutions platform of assisting owners and shareholders in selling their company, acquiring another business or raising growth capital. With Managing Directors in the US, Europe, Mexico, Panama, Peru, Brazil, Argentina and Chile, 1stWEST M&A is uniquely positioned to serve its clients around the globe. Learn more: www.1stWestMA.com
To contact John Wagner directly, call (919) 796-9984, or email: j.wagner@1stWestMA.com