Skip to content or navigation


Nemetschek Group Acquires RISA—Leading Structural Software Engineering Provider

The Nemetschek Group has added another AEC software player from the United States to its roster—acquiring US leading structural engineering software RISA.

Advertisement

Global AEC software leader, Nemetschek SE of Germany, has announced its agreement to acquire RISA Technologies, Inc., for USD 24.9 million in an all-cash deal. For year 2017, RISA anticipates revenues amounting to USD 7.5 million.

US Market Leader in Structural Engineering—Acquired

RISA offers one of the most popular structural engineering software suites in the United States for multi-material structural analysis. In a 2013 survey, RISA-3D was the most widely used software by engineers in the United States. With 10,000 users, RISA has leading market share and is a key software provider to top engineering design firms in the United States.

Key Takeaway

Nemetschek SE has been making smart acquisitions oriented at capturing US-based AEC software market share and this is another prime example much like their acquisition of Bluebeam. From what we have heard, there seems to be a particular emphasis on structural engineering tools. Interestingly, there is no mention of Open BIM in this announcement but that doesn’t mean RISA solutions won’t fit ideal Open BIM workflows in the future. 

RISA was acquired by the Nemetschek Group as part of Nemetschek’s worldwide structural engineering software strategy. Nemetschek already has a leading market position in the European structural analysis and design market via its brand SCIA. With the acquisition of RISA, Nemetschek further establishes its commitment to delivering complete engineering workflows in the US market.

The Group has officially stated in its press release that this acquisition of RISA will “increase awareness” of the Nemetschek Group in the structural engineering market in the United States. “RISA is perfectly complementing our existing solution portfolio for the AEC industry. The acquisition of RISA, in combination with the strong position of SCIA in Europe, allows us to take a leap forward in significantly strengthening our market share in the worldwide structural market”, says Patrik Heider, Spokesman and CFOO of the Nemetschek Group.

“The acquisition is a great fit for both companies,” says Bruce Bates, founder and current CEO of RISA. Bruce will be retiring shortly after passing the CEO role to Amber Freund, current COO, who joined RISA in 2005. “I am excited to join the Nemetschek Group and the opportunities it provides to both our customers and our company. We look forward to collaborating with other Nemetschek brands to provide a comprehensive set of design tools for structural engineers,” says Amber Freund.

Financial Statement

RISA has 24 employees. For the year 2017, RISA anticipates revenues amounting to around USD 7.5 million and an operating margin (EBITDA margin) in the range of the Nemetschek Group average. The purchase price amounts to about USD 24.9 million (cash-/debt-free). The financing of the purchase price is provided mainly by the company’s own capital resources and by the use of credit lines. The acquisition occurs via a subsidiary of the Nemetschek SE and is expected to be closed in October 2017.

Reader Comments

Comments for this story are closed

architosh

INSIDER Xpresso 
Monthly newsletter with a focus on emTech (AI, machine learning, AAD, AR, robotics, 3d printing, and smart cities) its impact on CAD professionals.)

Subscribe now — it’s free!.

INSIDER Xpresso keeps CAD industry professionals up-to-date on next-gen emerging technologies (emTech) that will revolutionize the worlds of AEC and manufacturing and design. As an Xpresso reader, you will hear from some of the most important voices inventing and using the very latest tech in areas such as AI, machine learning, algorithm-aided design (AAD), AR, VR, MR, 3D printing, 3D computer vision, robotics, and SmartCities technologies.

Each issue arrives in your inbox on the first Sunday of the month. Issue #1 arrived on March 3, 2019. Full archives and easy navigation for your pleasure. Enjoy! 

Sign-up for our monthly newsletter
architosh INSIDER Xpresso.

  • Architosh will never pass any of your information onto third parties.
  • For more information read our privacy policy.
  • It is easy to unsubscribe at any time. Follow the links in the newletter footer.

(Recommended. These infrequent sponsored emails help us to provide our Xpresso newsletter for free.)

 
INSIDER Membership

Read 3 free Feature or Analysis articles per month.

Or, subscribe now for unlimited full access to Architosh.