Hyphen Solutions, LLC Announces Acquisition of BRIX Home Builder Software for Single & Multifamily Builders
DALLAS, TX, February 13, 2016 /PRNewsire/ — The leading cloud-based construction management software company, Hyphen Solutions, LLC, announces the acquisition of BRIX software, a leading provider of cloud-based, home building enterprise resource planning software.
BRIX, based in Austin, TX, delivers cloud-based job-cost, production, purchasing, general ledger, accounting, reporting and payroll functions in a unified format. The offerings currently help to plan and build approximately 11,000 homes annually and have been used by some of the largest builders in America for 30 years.
Felix Vasquez, President and CEO of Hyphen, stated, “For years, our clients have asked Hyphen to deliver solutions that meet the entirety of software requirements of home builders, as opposed to just those that require the participation of the supply chain. This acquisition represents a significant step in closing the gap of features that Hyphen provides the industry. We believe this software will help us deliver, for our clients, a perfect representation of what software should do for home builders, trade partners, distributors, and manufacturers. The BRIX software, combined with our technology, allows users to more distinctly identify and report on every product installed in a new home. The acquisition will allow Hyphen to start the orchestration of data integrity sooner in the construction process to provide better visibility to the supply chain. Current BRIX customers will see more mature processes and workflows, enhanced support, and a new product roadmap.”
Stacy Eleuterius, CEO of BRIX, mentioned, “We are excited about this transaction as it demonstrates how impactful years of product development have been and will continue to be. Our current clients will be thrilled to have the additional support and impressed as the product improves over the next few years. Hyphen was really the only team that understood what our solution did well while also agreeing to show our customers a significant improvement in features and service.”
Hyphen integrates with all major ERP vendors and invites any construction-related ERP (Builder or Supplier-oriented) company to join the largest supply chain network in delivering technology and automation solutions to vendors, installers, and manufacturers. For more information, please email Hyphen at Buildprosales@hyphensolutions.com.
About Hyphen Solutions
Hyphen Solutions provides more than 70,000 builders, installers and manufacturers with industry-leading supply chain scheduling, procurement, and collaboration solutions. Hyphen’s software-as-a-service delivers greater operational control, better communications, lower costs and increased productivity for home builders, sub-contractors and suppliers. More than 12,000 companies subscribe to Hyphen’s comprehensive Home Builder and Supply Chain platforms, making the company the leading cloud-based construction management software provider. The Hyphen Network serves more than 450 builder divisions which managed more than 270,000 new home construction projects with the system in 2018. The Network issued more than 27 million purchase orders last year totaling in excess of $36 billion for residential construction.
