Industrial Tech, M&A

Bryan, Garnier & Co acts as Sole Financial Advisor to the shareholders of hsbcad BV (“hsbcad”), a leading software solution provider for offsite timber construction, on its contemplated acquisition to Maguar Capital

With over three decades of expertise, hsbcad has established itself as a global leader in providing software solutions for the offsite timber construction industry. Driven by a mission to reshape today’s construction industry into a sustainable and innovative tomorrow, hsbcad consistently pushes technological boundaries to deliver efficient, flexible, and user-friendly software tailored to the needs of offsite timber construction.

hsbcad’s comprehensive range of solutions for design, manufacturing, and assembly ensures compliance with the construction industry’s evolving Building Information Modelling (BIM) standards. Headquartered in Ghent, Belgium, hsbcad’s global team of over 80 professionals operates across international subsidiaries in Germany, the Netherlands, the UK, the US, Canada, Japan, Ecuador, and Australia.

As the demand for sustainable and technology-driven construction solutions continues to grow globally, hsbcad remains at the forefront of innovation, supporting the industry’s evolution and delivering exceptional value to its clients.

Through its partnership with Maguar Capital, a Munich-based private equity firm specialising in B2B software companies, hsbcad is set to accelerate its growth. With Maguar’s operational support, hsbcad is well-positioned to scale its business and drive innovation in sustainable construction software.

Bryan, Garnier & Co acted as the Sole Financial Advisor to hsbcad and its shareholders.

Bryan, Garnier & Co conducted a dual track competitive process involving Tier 1 European and international strategic and financial sponsors. Bryan, Garnier & Co advised hsbcad on deal strategy, buyer selection, due diligence management, transaction structure, and contract negotiations.

This transaction marks Bryan, Garnier & Co’s 18th software transaction across Europe in 2024, and further confirms Bryan Garnier & Co’s leadership in BIM, construction and real estate software, recently advising i.a. Sogelink, Explore, Stonal or Kaliti.

"We are delighted to join forces with Maguar Capital to drive our expansion strategy and continue our market leadership position in the offsite construction software space. Bryan Garnier's expert advice, in-depth market understanding and guidance were instrumental in completing this exciting partnership. I highly recommend Bryan Garnier as a trusted advisor."

— Karel Vinckier, CEO and Co-Founder of hsbcad

Founded over 35 years ago, hsbcad is a global software solution provider specialising in the offsite timber construction industry. Recognised as a leader in sustainable construction technology, hsbcad delivers innovative software solutions for design, manufacturing, and assembly, ensuring compliance with evolving Building Information Modelling (BIM) standards.

hsbcad offers a comprehensive suite of solutions, including hsbDesign for streamlined design processes, hsbMake for efficient production workflows, and hsbShare for seamless collaboration and data sharing.

Headquartered in Ghent, Belgium, hsbcad supports clients worldwide with a team of 80 employees across subsidiaries in Germany, The Netherlands, The UK, The US, Canada, Japan, Ecuador, and Australia. By consistently breaking technological boundaries, hsbcad empowers the construction industry to build a sustainable and innovative future.

Maguar Capital is a Munich-based private equity firm specialising in B2B software investments within the small-cap segment, targeting companies in the DACH region with EBITDA typically ranging from €1 to €8 million.

Founded in 2019 by Arno Poschik, Gunther Thies, and Matthias Ick, Maguar leverages its team’s extensive entrepreneurial background and over 35 years of CEO-level software experience, paired with more than 20 years of private equity expertise, to drive growth and long-term value creation in its portfolio companies.