Solibri acquired by Nemetschek: Allowing exponential growth in Quality Assurance and Quality Control

Corporate News

Solibri is the market leader in quality assurance and quality control for Building Information Modeling (BIM), the digital work method in the construction industry
• High-level strategic fit and significant extension of Nemetschek’s solution portfolio for design and building processes
• Considerable growth opportunities as a result of increasing focus on BIM standards required for public sector building projects worldwide

 

Helsinki/Munich, December 18, 2015 – Software provider Nemetschek AG (ISIN 0006452907) has agreed to acquire 100% of the shares of Solibri Inc., based in Helsinki, Finland. Nemetschek successfully beat several other potential buyers because of its group structure with an independent brand offering.
Solibri is a globally leading and internationally aligned provider of software solutions for the quality assurance and quality control of Building Information Modeling (BIM), the digital work method for designing, constructing and operating buildings. Solibri Model Checker validates that BIM models are compliant in terms of integrity, quality and country-specific standards throughout the whole design and building processes. The evaluation of entire projects according to logical analysis rules which detect errors is unique worldwide. Solibri – like the brands of the Nemetschek Group – is a proponent of open standards and enables the application of building-relevant information via open interfaces across all stages in the building process.

Solibri was founded in 1999. In keeping with the strategic alignment of the Nemetschek Group, Solibri will continue to be led by its current management as an independent brand company.

 

Perfect strategic addition

Strategically, Solibri is very significant for the further development of the Nemetschek Group. The solutions are a perfect complement; they will have a central position in the Nemetschek Group’s solution portfolio and connect all brands and their products by means of an integrated and holistic workflow. In addition, Solibri already has a high degree of presence in the building sector, which will reinforce customer access for the Nemetschek Group in this strongly growing market. Solibri targets clients across the entire AEC industry life cycle, e.g. construction companies, general contractors, architects, engineers and building owners. Sales are made directly as well as via a network of resellers. Today the solutions are already being sold worldwide.

“The acquisition of Solibri has been consistent with our acquisition strategy in the AEC industry and greatly strengthens our global position as a leading provider of Open BIM solutions. With the support of the Nemetschek Group, Solibri will continue to pursue its international growth strategy and benefit from our global customer access,” comments Patrik Heider, CFOO and Spokesman of the Nemetschek Group. “In Solibri we see a strongly growing company which will strategically strengthen our solution portfolio.

Solibri, in turn, will profit from a strong group with an international sales focus and direct access to a growing customer base with more than 1.8 million users worldwide.

“Synergies with the Nemetschek brands pave the way for further successful growth. I am convinced that we are an excellent fit for the Nemetschek Group and that we will benefit considerably from one another and further reinforce our market position,” says Heikki Kulusjärvi, CEO of Solibri.

 

Strong growth impulses as a result of BIM standards

Adherence to BIM standards for publicly financed building projects is a much-discussed topic worldwide as compliance becomes increasingly required by governments and public authorities. With the comprehensive application of BIM regulations, the demand for Solibri solutions is growing since they perform the required quality checks and improve processes. This results in considerable advantages in terms of cost and efficiency as well as a high degree of design reliability and transparency.

 

For further information on the company, please contact:
Solibri, Inc.
Heikki Kulusjärvi
CEO,
Helsinki, Finland
[email protected]

About Solibri

Solibri is the leader in BIM Quality Assurance and Quality Control. Providing out of the box tools for BIM validation, compliance control, design process coordination, design review, analysis and code checking. Solibri’s corporate message is to develop and market quality assurance solutions that improve the quality of BIM-based design and make the entire design and construction process more productive and cost effective.
Solibri’s customers include major building owners, construction companies, architects and engineering firms in more than 70 countries.

 
Nemetschek Group
Stefanie Zimmermann
Investor Relations
+49 89 92793 1229
[email protected]

About the Nemetschek Group
The Nemetschek Group, Munich, is a globally leading software provider for the AEC (Architecture, Engineering, Construction) industry. With its 12 brands, the Nemetschek Group now serves more than 1.8 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 of EUR 218.5 million and an EBITDA of EUR 56.8 million in 2014.

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