Nemetschek Strikes Deal to Acquire Thoma Software Firm HCSS (1)

Nemetschek SE agreed to acquire construction management software provider Heavy Construction Systems Specialists from Thoma Bravo.

HCSS will become part of the Munich-based engineering software company’s Build segment, according to a statement Monday, confirming an earlier Bloomberg News report.

Thoma Bravo, which acquired HCSS in 2021, will take a 28% stake in the Build segment, which also includes the brands Bluebeam and GoCanvas. Nemetschek said the transaction is expected to close in the second half of the year.

“With the acquisition of HCSS, the Nemetschek Group will expand into the strongly growing and resilient infrastructure and heavy civil construction ...