How Pike13 Benefited from PYXiS' 'ABC' Approach to Acquisitions

The PYXiS Advantage
July 22, 2024
Pike13 thrives on PYXiS ABCs: Autonomy, Buy and Hold Forever, and a culture of best practices, shaping its unique approach.

The PYXiS ABCs

When it comes to acquiring software companies, we at PYXiS Software are unique. We focus on keeping members of the PYXiS family happy by adhering to our core principles. These principles, known as the ABCs—Autonomy, Buy and Hold Forever, and Culture of Sharing Best Practices—are the bedrock of success for our acquisitions.

Pam Hightower, President of Pike13, one of our acquired companies, highlights the ABCs as they’ve applied to Pike13.

A for Autonomy

One of the standout differences between PYXiS Software and more traditional M&A firms is the autonomy we grant to our acquired companies. This decentralized structure means businesses like Pike13 can continue operating independently, maintaining their unique identity and operational strategies. This autonomy fosters innovation and allows each company to leverage its strengths without the interference that often comes with acquisitions.

For Pike13, this autonomy has been a game-changer. "One great thing about working for Pike13 as a PYXiS company is that we have the autonomy to operate and do things uniquely from other PYXiS businesses," says Pam Hightower. This freedom boosts creativity and enhances the company's ability to respond swiftly to market changes and customer needs.

B for Buy and Hold Forever

Our commitment to a "buy and hold forever" strategy differentiates us from many other acquirers. This approach provides unparalleled stability for the companies under our umbrella. Employees can rest assured that their company won't be sold off to the highest bidder or dismantled by venture capitalists looking for a quick profit.

Pam Hightower emphasizes the peace of mind this brings: "So you can feel like you're in a startup, but know that that startup's not going to be purchased by a venture capitalist or passed off to someone else." This long-term commitment allows companies like Pike13 to focus on sustainable growth and long-term planning, benefiting both employees and customers alike.

C for Culture of Sharing Best Practices

The third pillar of our philosophy is our culture of sharing best practices. With over 100 vertical market software companies under our wing, we've cultivated a wealth of knowledge and experience. This collective wisdom is shared across our network, helping each company avoid common pitfalls and capitalize on proven strategies.

Pam Hightower notes the significant impact on Pike13: "We're surrounded by professionals who've been either at PYXiS or in similar industries for a really long time, so they can give us a lot of information." 

This access to a limitless bank of knowledge ensures that each company in the PYXiS family can make informed decisions and continuously improve.

Your New Home Awaits

The ABCs of PYXiS—Autonomy, Buy and Hold Forever, and Culture of Sharing Best Practices—provide a solid foundation for the companies under our umbrella. These principles ensure that each business can thrive independently, enjoy long-term stability, and benefit from a supportive network of experienced professionals.

If you're looking for a permanent home for your software company, embrace the future with a company that values your independence, invests in your long-term success, and supports you with a wealth of shared knowledge. 

Your new home awaits with PYXiS Software.

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