M&A Deal Summary

Hyphen Solutions Acquires Chameleon Power

On February 1, 2022, Hyphen Solutions acquired software company Chameleon Power

Acquisition Highlights
  • This is Hyphen Solutions’ 3rd transaction in the Software sector.
  • This is Hyphen Solutions’ 2nd transaction in the United States.
  • This is Hyphen Solutions’ 1st transaction in Michigan.

M&A Deal Summary

Date 2022-02-01
Target Chameleon Power
Sector Software
Buyer(s) Hyphen Solutions
Deal Type Add-on Acquisition

Target

Chameleon Power

Novi, Michigan, United States
Chameleon Power is a provider of web and mobile visualization and design technologies. Chameleon was the first company to develop an “upload your own photo tool” for website visualizers and expanded these capabilities to mobile devices including iPads, Androids, etc. Its technologies create virtual showrooms, providing a seamless connection between manufacturers, retailers and consumers. The company also provides a full-range of hosting and IT services you can expect from a software technology leader. By operating in the safety and convenience of the cloud, Chameleon has the resources and the capabilities to be a robust data center offering everything from hosting to complete data center management and 24/7 help desk services. Chameleon Power is based in Novi, Michigan.

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Buyer(S) 1

Buyer

Hyphen Solutions

Dallas, Texas, United States

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Hyphen Solutions provides a cloud-based construction management software solution to a national network of homebuilders and suppliers. The software connects with all major enterprise resource planning systems to provide real-time access to job status and to allow for efficient resource management. Hyphen Solutions was founded in 1999 and is based in Dallas, Texas.


DEAL STATS #
Overall 5 of 5
Sector (Software) 3 of 3
Type (Add-on Acquisition) 5 of 5
State (Michigan) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-21 HomeFront Software

Calgary, Alberta, Canada

HomeFront Software is a provider of ERP platform focused on residential builders. HomeFront Software is based in Calgary, Alberta.

Buy -