Germany's Nemetschek to acquire HCSS from Thoma Bravo

Nemetschek SE

13/04/2026 23:32

April 13 (Reuters) - German software and AI provider Nemetschek NEKG.DE will acquire construction-management software provider Heavy Construction Systems Specialists (HCSS) from Thoma Bravo, the companies said on Monday.

Here are some details:

The deal will combine HCSS with Build & Construct, a unit of Nemetschek.

Nemetschek will hold around 72% of the Build & Construct segment, with Thoma Bravo holding around 28% as a minority shareholder.

The German firm said it would refinance all existing HCSS debt and liabilities, which would impact the group's net debt position by around 450 million euros ($529.07 million).

Thoma Bravo acquired HCSS in 2021.

The companies expect the deal to close in the second half of the year.

($1 = 0.8506 euros)

 (Reporting by Gursimran Kaur in Bengaluru; Editing by Maju Samuel)

 ((GursimranKaur.Mehar@thomsonreuters.com;))