A Strong Partnership in Construction Tech: BuildTec Software Group and GLASER Programmsysteme Join Forces

Wildpoldsried/Hanover, Germany - Just three months after the successful formation of BuildTec Software Group ("BuildTec" or the “Group”) as a leading platform for innovative software solutions in the construction and trade sector, the company is taking the next strategically important step. Through its partnership with GLASER Programmsysteme GmbH ("GLASER"), a specialist in professional CAD solutions, BuildTec aims to expand its customer base and add innovative software solutions to its portfolio.

Headquartered in Hanover, GLASER is an internationally established software specialist focusing on the European construction industry. With its innovative solutions, GLASER serves over 4,000 customers, particularly in the construction and engineering sectors. Founded in 1978, GLASER has a strong track record in selling its highly specialized CAD solutions program, "ISBCAD", for structural engineering.

In November 2023, BuildTec expanded its presence in Scandinavia by acquiring E-KOMPLET A/S, a Danish software provider for project management in the trade sector. With GLASER and E-KOMPLET A/S joining the Group, BuildTec now unites well-known industry giants with over 20,000 customers under its umbrella. The Group also includes SEMA, a global provider of CAD/CAM software solutions for timber and staircase construction, as well as sheet metal processing, along with partner companies WGsystem, Compass, and Hausmann & Wynen.

The partnership with GLASER will enable BuildTec to enhance its product portfolio with innovative software solutions for the construction industry and continue its growth trajectory. "We are expanding our product portfolio with innovative software solutions for the construction industry and taking an important step towards driving change in the industry," said Alexander Neuss, CEO of the BuildTec Software Group.

Matthias Glaser, CEO of GLASER, expressed his excitement about the collaboration, stating, "This strategic decision gives us the opportunity to continuously develop GLASER as one of the leading German software companies for structural engineering, to strengthen our product range, and to open up new market segments."

Bregal Unternehmerkapital, the private equity firm behind BuildTec, focuses on partnerships with market leaders and "hidden champions" with great growth potential. With offices in Zug, Munich, and Milan, BU invests in medium-sized companies headquartered in Germany, Austria, Switzerland, and Northern Italy. Their partnership with entrepreneurs and family businesses has resulted in over 2.7 billion euros invested in more than 100 companies, supporting over 20,000 employees.

BuildTec Software Group aims to become the leading European platform for software solutions in the construction industry, supporting more than 20,000 customers. The Group offers reliable solutions in construction ERP, timber construction, staircase construction, and sheet metal processing. Renowned brands such as SEMA, Compass, Powerbird, Sitara, and WGsystem are trusted by thousands of companies every day. The Group invests an average of 15% of its annual turnover in the further development of its solutions.

GLASER Programmsysteme GmbH specializes in the development and sale of user-friendly and practical software solutions for construction planning. With its core product ISBCAD and other offerings like Tekla Structures and Trimble XR10, GLASER provides professional CAD solutions to over 4,000 customers. The company has a strong reputation for competence, quality, and excellent service.

In conclusion, the partnership between BuildTec Software Group and GLASER Programmsysteme is a significant step forward for both companies in the construction tech industry. With their combined expertise and innovative software solutions, they are well-positioned to drive change and meet the evolving needs of the construction industry.