A new era for retail buying; London-based retail technology company Handshake raises $3.2M to scale AI-native platform
Handshake
Jun 1, 2026
Nemetschek Group has signed a definitive agreement to acquire Heavy Construction Systems Specialists, LLC (HCSS) from Thoma Bravo. HCSS is headquartered in Sugar Land, Texas and provides construction technology software for infrastructure and heavy civil construction in North America.
HCSS supports more than 4,000 companies and employs more than 550 professionals. Its end-to-end platform is used to improve efficiency, safety, and communication across infrastructure and heavy civil projects. In 2025, HCSS generated approximately $215 million in revenue, with ~21% ARR growth and an estimated ~40% EBITDA margin.
HCSS will join Nemetschek’s Build & Construct segment, alongside Bluebeam, GoCanvas (including SiteDocs), and Nevaris. The transaction is positioned to expand Nemetschek’s AEC/O vertical AI and lifecycle data capabilities.
Filed under
Powered by Tentt
Tentt builds and operates managed deal origination services for PE firms, M&A advisors, and commercial lenders. We map the target universe, monitor signals, and execute outreach — white-labelled to your firm.
Handshake
Jun 1, 2026
Topicus.com→ReadyTech
Jun 1, 2026
Cyient→TAO Digital
May 30, 2026
Cyient→TAO Digital Solutions
May 30, 2026
Autodesk→MaintainX
May 30, 2026