hsbcad Acquired by Maguar Capital in Strategic Expansion into B2B Software Market
Deal News | Dec 18, 2024 | Goodwin
Maguar Capital, a German private equity firm specialized in small-cap and medium-sized B2B software companies, has acquired hsbcad, a prominent provider of advanced offsite wood construction software. The acquisition was financed by Cordet Capital Partners and strategically positions Maguar to reinforce its presence in the DACH and Benelux regions. Originating in 1988, hsbcad integrates seamlessly with platforms like Autodesk's Revit and AutoCAD, allowing customers to improve efficiencies and optimize resources in manufacturing and assembly processes. Goodwin advised on the transaction, with a legal team led by Winfried M. Carli and supported by associates across various specialties such as tax and private equity financing. This acquisition is a testament to Maguar's strong strategic vision and expertise in the software domain, bolstered by a team with robust experience in software management and private equity endeavors.
Sectors
- Software
- Private Equity
- Construction Technology
Geography
- Germany – Maguar Capital is based in Munich, indicating the geographical focus of the article is primarily in Germany.
- DACH Region – Maguar Capital specializes in investments within the DACH region, which includes Germany, Austria, and Switzerland.
- Benelux – Maguar also targets the Benelux countries in its strategic investment goals.
Industry
- Software – The article focuses on the acquisition of hsbcad, a provider of software solutions for offsite wood construction, indicating a concentration in the software industry.
- Private Equity – Maguar Capital is a private equity investor specializing in B2B software companies, highlighting the intersection of private equity in the transaction.
- Construction Technology – hsbcad provides software for the wood construction industry, indicating a focus on technology solutions within the construction sector.
Financials
- Not disclosed – The financial terms of the acquisition were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Maguar Capital | Buyer | Company | A German private equity firm focused on small and medium-sized B2B software companies. |
| hsbcad | Target Company | Company | A leading provider of offsite wood construction software solutions. |
| Cordet Capital Partners | Financier | Company | Provided financing for Maguar Capital's acquisition of hsbcad. |
| Goodwin | Legal Advisor | Company | Advised Maguar Capital on the transaction, with a team specializing in private equity and finance. |
| Winfried M. Carli | Leading Legal Advisor | Person | Partner at Goodwin's Munich office, leading the transaction team. |