<\/p>\n
\n\tMILAN \u2014 Italian tech company Hyphen-Group, a software house active in digital content production and management for fashion, luxury, retail and media brands, is entering its next phase of development through an agreement with the Canadian investment firm Valsoft Corp.<\/p>\n
\n\tThe latter is acquiring Chalco Technologies, a newco resulting from the spin-off of Hyphen\u2019s business unit operating the Chalco software, its crown jewel platform. <\/p>\n
\n\tIntroduced in 1998, the software allows brands to manage and distribute their products\u2019 digital content through an integrated suite of solutions designed for different teams and needs, from product development and sales to marketing, e-commerce and archive.<\/p>\n
\n\tThe technology is currently adopted by such labels as Ferragamo, Corneliani, Guess and brands that are part of the Max Mara Fashion Group. The fashion industry represents about 60 percent of the company\u2019s clientele.<\/p>\n
\n\tThe stronger backbone resulting from the acquisition will also lay the groundwork for Chalco Technologies to branch out into food and beverage, beauty, design and automotive, the company said.<\/p>\n
\n\tIn addition to licensing the proprietary software, Hyphen over time has integrated side services including consulting, software implementation and support, as well as the Hyphen Shooting Line for content production and Hyphen-Media, for photographic, 3D and CGI production and post-production. These will continue to be carried out by Hyphen-Integration, which was not part of the Valsoft acquisition.<\/p>\n
\n\tAs part of the deal, whose financial details were not disclosed, Hyphen-Group\u2019s current chief executive officer Stefano Righetti is to assume the same role at Chalco Technologies, leading the newco toward international expansion and implementation of generative AI capabilities.<\/p>\n
\n\t\u201cThe Hyphen team has built with Chalco a solid product in the field of content operations and a loyal client base in Italy and Switzerland in the luxury and retail sectors: exactly the kind of team and technology we choose to support with a long-term horizon, making our resources and international network available to accelerate its growth,\u201d said Aidin Mohsenin, investment partner of Valsoft Corp.<\/p>\n
\n\tThe latter is specialized in the acquisition and growth of software companies that provide critical solutions in their respective markets. Over more than 10 years it has built a portfolio of about 150 companies active in more than 20 sectors and 20 countries.<\/p>\n
\n\tRighetti and business partner Andrea Turazza, who will become CEO of Hyphen-Integration, established the company in 1998, acquiring the trademark from a troubled software company. They turned it into a hub for advertising, publishing and content management, adapting it as digital technology reshaped media and consumer good businesses.<\/p>\n
\n\t\u201cOur small insight was that, in the future, companies would become publishers of their own content. We began working on the life cycle of digital content,\u201d Righetti told WWD, recalling the early days of Hyphen.<\/p>\n
\n\tSince 2010 and then more markedly from 2015, Hyphen has been stepping up its game helping brands develop, manage and distribute what it bills as \u201cdigital product identities.\u201d<\/p>\n
\n\tThe Chalco software house being sold to Valsoft sits at the heart of this process. It\u2019s a centralized toolkit for photographic production, 3D product development, product catalogues creation, hybrid physical-digital showroom, and window displays and in-store display materials, among other services.<\/p>\n
\n\t\u201cAlongside the supply chain for the physical product, there is a supply chain for producing that same product digitally,\u201d Righetti said. \u201cThat is where our relationship with luxury brands began, making the sector more receptive to certain aspects of the first wave of digitalization.\u201d<\/p>\n
\n\tHyphen helps brands build \u201cdigital factories,\u201d workflows that streamline the consistent production and management of digital assets, break down operational silos and align teams across departments.<\/p>\n
\t\t\t\t\tThe Hyphen-Group headquarters in Milan.<\/p>\n
\t\t\t\t\t\t\t\t\tCourtesy of Hyphen-Group<\/p>\n
\n\tThrough the acquisition, Chalco Technologies is expected to double its sales in five years. In 2025 Hyphen-Group posted revenues of 14 million euros, up 10 percent versus 2024.<\/p>\n
\n\t\u201cIn Valsoft Corp., we have found a partner whose intentions aligned with ours. They have a portfolio of 150 companies and 20,000 clients overall, which represent a significant lead-generation opportunity. This global distribution gives us something that would have been very costly for us to achieve on our own: the opportunity to speak with and get to know companies.\u2026It is also a group with considerable financial strength, and an acquisition rate of 1.5 companies a month, which follows a buy-and-hold approach that allows it to invest,\u201d Righetti said.<\/p>\n
\n\tAs part of the growth strategy, the Chalco software is to expand its footprint, across countries and sectors.<\/p>\n
\n\t\u201cIn five years, we want to reach eight countries. Hyphen\u2019s DNA will not change, but the architecture behind it will,\u201d Righetti said, mentioning France as an obvious choice among the target markets for its concentration of luxury house, as well as the U.K.<\/p>\n
\n\tIn all new countries the team will identify the right partners for distribution and implementation of the Chalco software, with the first deals expected in the second half of 2027. In Italy and Switzerland those operations will continue to be handled by Hyphen-Integration.<\/p>\n
\t\t\t\t\tStefano Righetti, CEO of Chalco Technologies<\/p>\n
\t\t\t\t\t\t\t\t\tCourtesy of Hyphen-Group<\/p>\n
\n\tRighetti did not rule out expanding Chalco through acquisitions, an approach consistent with Valsoft\u2019s buy-and-hold strategy.<\/p>\n
#Valsoft #Acquires #Hyphen #Groups #Chalco #Technologies #Software #Business<\/p>\n","protected":false},"excerpt":{"rendered":"
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