Nemetschek completes acquisition of HCSS from Thoma Bravo

  • Nemetschek completed its acquisition of HCSS from Thoma Bravo, effective July 1, 2026.
  • Thoma Bravo took a 28% minority stake in Nemetschek’s Build & Construct segment; Nemetschek retained 72% and will fully consolidate the business.
  • HCSS reported about USD 215 million revenue in 2025, about 21% ARR growth, and about 40% EBITDA margin.
  • Nemetschek refinanced HCSS debt and liabilities, lifting net debt by about EUR 450 million.
  • Nemetschek expects the deal to expand its construction software footprint and accelerate AI-driven product development, including international expansion for HCSS.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Thoma Bravo LLC published the original content used to generate this news brief on July 01, 2026, and is solely responsible for the information contained therein.