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Dive brief:
- contech’s M&A surge continued as Nemetschek Group, a stalwart among construction software providers, signed a definitive agreement to acquire specialists in heavy construction systemsaccording to a Monday announcement from the software provider.
- Munich-based Nemetschek will acquire the company from software investor Thoma Bravo, according to the announcement, and integrate HCSS into Nemetschek’s Build & Construct segment.
- Both Sugar Land, Texas-based HCSS and Nemetschek are big names in the tech industry. Founded in 1986, HCSS supports more than 4,000 companies in the heavy civil and infrastructure sectors. By 2025, HCSS, which has more than 550 employees, generated revenue of approximately $215 million, according to the announcement.
Diving knowledge:
Some of HCSS’ flagship solutions, such as HeavyBid and HeavyJob, help builders estimate, bid and manage projects. Meanwhile, Nemetschek offers solutions including Bluebeam collaborative software and the Nevaris product suite, which address issues related to finance and project management.
Through the acquisition, Nemetschek plans to expand into the growing infrastructure and heavy civil construction sectors, according to the announcement. Specifically, the company called for strong government investment in the sector, which is still reaping the benefits of the $1.2 trillion Jobs and Infrastructure Investment Act.
In fact, this increase is widely recognized as an incipient opportunity for builders, who are keeping an eye on one possible new surface transport invoice which could contain more funds than IIJA 2021.
“We already have a strong position in the construction sector and now we are further enhancing and expanding our position in the fast-growing infrastructure sector and the heavy civil sector, which is supported by multiple structural growth engines,” Nemetschek Group CEO Yves Padrines said in the press release.
Steve McGough, CEO of HCSS, said what the group would be able to achieve after the deal.
“Being part of the Nemetschek Group will allow us to accelerate our long-term vision, expand what’s possible for heavy civil and infrastructure builders, and deliver even more innovation,” McGough said in the press release.
As part of the deal, Nemetschek will hold approximately 72% of the shares in the Build & Construct segment, and Thoma Bravo will hold approximately 28% as a minority shareholder, according to the announcement. In addition, Nemetschek will refinance all of HCSS’ existing debt and financial liabilities.
Movement also comes after a Increased M&A activity across the construction industry starting in late 2025, involving both builders and technology companies. The start of 2026 has been no different, as other tech giants have bolstered their offerings with acquisition deals.
In March, Autodesk announced that it does closed a transaction to acquire Rhumbix in a push to collect better workplace data. Then, on April 2, Trimble announced that it did finalized an agreement to acquire Document Crunchan artificial intelligence based contract scanning software.
