Pull to refresh
Logo
Daily Brief
Following
Why Sign Up
Heavy Construction Systems Specialists (HCSS)

Heavy Construction Systems Specialists (HCSS)

Private company (Thoma Bravo portfolio)

Appears in 1 story

Stories

Construction software giants race to unify a fragmented industry through billion-dollar acquisitions

Money Moves

Being acquired — will join Nemetschek's Build & Construct segment

Nemetschek, the Munich-based company behind construction software brands like Bluebeam and Graphisoft, agreed on April 13 to buy Heavy Construction Systems Specialists (HCSS) for $2.4 billion — the largest acquisition in the company's six-decade history. HCSS dominates the niche market for heavy civil construction software in North America, serving more than 4,000 contractors who build roads, bridges, and pipelines. The deal lands HCSS in Nemetschek's Build & Construct segment alongside Bluebeam and GoCanvas, which Nemetschek bought for $770 million less than two years ago.

Updated Yesterday