Nemetschek Acquires HCSS in Landmark Deal, Expanding North America Presence

The acquisition will strengthen Nemetschek's Build & Construct segment and accelerate its goal of becoming a global AECO software leader.

Apr. 14, 2026 at 12:38pm

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A minimalist studio still life featuring a collection of sleek, geometric objects in shades of grey and black, representing the merger of Nemetschek and HCSS and the integration of their construction software solutions.The acquisition of HCSS solidifies Nemetschek's position as a global leader in construction technology, blending its existing brands with HCSS's industry-leading solutions.Sugar Land Today

Nemetschek (ETR:NEM) has announced a definitive agreement to acquire Heavy Construction Systems Specialists (HCSS), a leading provider of software for infrastructure and heavy civil construction contractors in North America. The deal, described as Nemetschek's largest acquisition ever, is expected to close in the second half of 2026 and will see Nemetschek hold a 72% stake in the combined Build & Construct segment, with HCSS owner Thoma Bravo taking a 28% minority share.

Why it matters

The acquisition expands Nemetschek's presence in the attractive infrastructure and heavy civil construction software market, which the company sees as a key growth opportunity driven by factors like aging infrastructure, government investment, urbanization, and labor shortages. Combining HCSS with Nemetschek's existing brands like Bluebeam and GoCanvas aims to create a 'global construction technology powerhouse' spanning both building and infrastructure workflows.

The details

HCSS, headquartered in Sugar Land, Texas, is a leading vertical software provider for self-performing heavy civil contractors. The company has over 550 employees and more than 4,000 customers primarily in the U.S. and Canada. HCSS generated around $215 million in mainly recurring subscription revenue in 2025, with an ARR increase of 21% that year and an EBITDA margin of around 40%. Nemetschek expects HCSS to deliver 'very high-teens' revenue growth in the coming years, close to 20%.

  • The acquisition is expected to close in the second half of 2026.
  • HCSS generated around $215 million in revenue in 2025.

The players

Nemetschek SE

A provider of software solutions for architecture, engineering, construction, media, and entertainment markets, headquartered in Germany.

Heavy Construction Systems Specialists (HCSS)

A leading provider of software for infrastructure and heavy civil construction contractors in North America, headquartered in Sugar Land, Texas.

Thoma Bravo

The private equity firm that currently owns HCSS and will become a 28% minority shareholder in Nemetschek's Build & Construct segment after the acquisition.

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What they’re saying

“The acquisition is expected to close in the second half of 2026, subject to customary regulatory approvals and closing conditions, and described it as 'by far the largest acquisition' in the company's history.”

— Yves Padrines, CEO, Nemetschek

“We see synergy potential of 'at least a EUR mid-double-digit million amount on EBITDA in 2028.' Roughly half of that EBITDA synergy to come from revenue and half from cost savings.”

— Yves Padrines, CEO, Nemetschek

What’s next

Nemetschek said it will provide additional details on the transaction's impact on financials and the current-year outlook after the acquisition closes.

The takeaway

This landmark acquisition positions Nemetschek as a global leader in construction technology, significantly expanding its presence in the attractive infrastructure and heavy civil software market. The combination of HCSS's industry-leading solutions with Nemetschek's existing brands aims to create a powerful platform to drive growth and innovation in the AECO industry.