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Germany's Nemetschek to acquire HCSS from Thoma Bravo

ReutersApr 13, 2026 10:32 PM
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- 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)

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