Nemetschek Acquires HCSS from Thoma Bravo for Over €2 Billion

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Nemetschek, a leading software provider for the architecture, engineering, and construction (AEC) industry, has announced its acquisition of HCSS, a construction software company, from private equity firm Thoma Bravo. The deal, valued at over €2 billion, will see HCSS become part of the Nemetschek Group. This acquisition is expected to bolster Nemetschek's presence in the construction software market, particularly in North America, and expand its portfolio of solutions for the AEC industry.