Goodwin Procter recently advised Viewpoint Construction Software in its acquisition of Maxwell Systems and debt recapitalization. Viewpoint currently serves more than 8,000 customers in countries around the world. Terms of the transaction were not disclosed.
Viewpoint Construction Software, based in Portland, Ore., provides construction specific software that offers enterprise resource planning, project and BIM collaboration, and mobile field-to-office and enterprise content management solutions. Viewpoint has partnerships with the 50 top mechanical and electrical contractors in the U.S and serves customers in the U.S., Canada, the United Kingdom, Europe, the Middle East and Australia. In 2012, TA Associates made a minority investment in Viewpoint through its parent company, Coaxis, Inc.
Maxwell Systems was founded in 1975 and offers a complete set of construction management software solutions, including takeoff and estimating, project management and accounting solutions. The company also offers the all-in-one, single solution ProContractorMX ®. More than 10,000 businesses rely on Maxwell Systems for support and maintenance, training and consulting. The company is based in King of Prussia, Pa.
To learn more about Viewpoint’s acquisition of Maxwell, please read the press release.