Nemetschek to acquire 100% of the shares of dRofus AS of Oslo, Norway

• dRofus is a leading software provider for BIM-based program, equipment and data management for the building industry
• High-level strategic fit to address the needs of building owners more strongly
• Considerable growth opportunities as a result of owner’s increasing focus on BIM processes

MUNICH, 29-Dec-2016 — /EuropaWire/ — Software provider Nemetschek SE (ISIN DE0006452907) has agreed today to acquire 100% of the shares of dRofus AS, headquartered in Oslo, Norway. dRofus offers a unique planning, data management and Building Information Modeling (BIM) collaboration tool. The company provides all stakeholders with comprehensive workflow support and access to building information throughout the building lifecycle including the handover to facility managers – all on a single and central cloud-based platform.

dRofus AS was founded in 2011 and has 28 employees. The subsidiaries in the US, Australia and Sweden are regional sales and support offices. For the year 2016, dRofus anticipates revenues amounting to around EUR 4.5 million, an increase of more than 40% compared to the previous year. An operating margin (EBITDA margin) of approximately 25% is expected for 2016. The purchase price for 100% of the shares amounts to about EUR 24.5 million (cash-/debt-free). The financing of the purchase price is provided by the company’s own capital resources and by the use of lines of credit. The acquisition is expected to be closed by the beginning of January 2017.

dRofus is a globally operating company with focus on Europe, the US and Australia. The customer base of dRofus includes public and private building owners, designers, engineers and contractors. dRofus has already established a dominant position in the construction of healthcare facilities and airports. The software is offered as a pure rental model with a subscription renewal rate of almost 100 %.

Through worldwide BIM initiatives and government regulations, building owners are meanwhile taking a leading position in the adoption of BIM technologies. dRofus has become the BIM tool for building owners, helping them with the process of investing in new facilities. Owner requirements are directly connected to design models through open standards. With its innovative data-centric approach, dRofus opens up the benefits of BIM to building owners.

dRofus is a complementary tool to all Nemetschek solutions and can ease the acquisition of new customers for both sides. dRofus already has an established partnership with leading Nemetschek Group companies such as Graphisoft, Vectorworks and Solibri. dRofus will also continue its work with excellent connections to other BIM authoring tools in the market.

“dRofus is a perfect strategic fit for the Nemetschek Group,” says Patrik Heider, Spokesman of the Nemetschek SE. “With the commitment to Open BIM, we share the same business paradigm. I am convinced that the well-known presence of the Nemetschek Group can support dRofus in expanding internationally,” adds Heider.

About the Nemetschek Group
The Nemetschek Group, Munich, is a globally leading software provider for the AEC (Architecture, Engineering, Construction) industry. With its meanwhile 14 brands, the Nemetschek Group now serves around 2.1 million users in 142 countries from more than 50 locations worldwide. Founded in 1963 by Professor Georg Nemetschek, the company focuses on innovations such as Open Building Information Modeling (Open BIM) for the AEC market of tomorrow. Publicly listed since 1999 and quoted on the TecDAX, the company achieved revenue in the amount of EUR 285.3 million and an EBITDA of EUR 69.5 million in 2015.

SOURCE:  NEMETSCHEK SE

Press Contact
Stefanie Zimmermann
Investor Relations
+49 89 92793 1229
szimmermann@nemetschek.com