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Industry Summary Articles

Monday, February 10, 2014

Viewpoint Construction Software Acquires Maxwell Systems

Viewpoint Construction Software® has acquired Maxwell Systems, a long time provider of construction software solutions built for contractors including takeoff and estimating, project management and accounting solutions. This acquisition provides Viewpoint the opportunity to extend and increase their ability to provide contemporary and mission-critical software solutions, including estimating, to a broader construction market audience.

More than 200 Maxwell team members will join the Viewpoint family and continue the development and support of core Maxwell products. With this acquisition, the Viewpoint organization will now employ nearly 700 people and will serve more than 8,000 customers worldwide.

"Viewpoint has been very successful in serving the needs of construction organizations that require a highly configurable and scalable ERP solution. Even with this success, we were looking to extend our focus on customer care to a large portion of the market – more than 500,000 construction firms – who are looking for an integrated but very easy to use solution that's better focused on their business model," stated Jay Haladay, CEO of Viewpoint. "Solving these contractor needs required a different approach, and Maxwell's ProContractor product fits quite well. ProContractor is built using the same Microsoft components used in Viewpoint's V6 Accounting and Project Management software, but is fine-tuned for simplicity and ease of use. Beyond meeting the needs of this broader market, Viewpoint becomes one of the most comprehensive construction-specific software publishers in the world and provides solutions that address all points of the construction life cycle from estimating and preconstruction to service maintenance."

"Viewpoint is also excited to continue Maxwell's significant sponsorship of the Associated Builders and Contractors. This, combined with Viewpoint's existing Premier Partner relationship with the CFMA(Construction Financial Managers Association) demonstrates our long term commitment to the construction industry," continued Haladay.

Viewpoint will be attending ABC's BizCon Feb. 11-12 in Maui, Hawaii and Conexpo, March 4-8 in Las Vegas where they will be showcasing both the Maxwell and Viewpoint product lines. In April, Viewpoint looks forward to the Maxwell User Conference, held April 7-9 at the Caribe Royale All-Suite Hotel & Convention Center in Orlando Fla., giving Viewpoint the opportunity to meet and learn more about the Maxwell customer community, while also providing Maxwell customers the opportunity to learn more about Viewpoint.

Goodwin Procter provided legal representation with Wells Fargo and Silicon Valley Bank also supporting the transaction.

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