Nemetschek completes acquisition of construction software provider HCSS from Thoma Bravo

  • Nemetschek completed its acquisition of construction software provider HCSS from Thoma Bravo, effective July 1, 2026.
  • Thoma Bravo took a 28% minority stake in the combined Build & Construct segment; Nemetschek retained 72% and will fully consolidate it.
  • Nemetschek refinanced HCSS debt and liabilities, lifting net debt by about EUR 450 million.
  • HCSS generated about USD 215 million revenue in 2025, with 21% ARR growth and about 40% EBITDA margin.
  • Nemetschek plans to expand HCSS beyond North America, targeting cross-selling and AI-driven product development across construction workflows.


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. Nemetschek SE published the original content used to generate this news brief on July 01, 2026, and is solely responsible for the information contained therein.