The Nemetschek Group has completed the acquisition of GoCanvas Holdings, Inc., a leading provider of field worker collaboration software
GoCanvas provides leading cloud and mobile SaaS solutions for the paperless collection, reporting, and integration of field data.
Its software digitises traditionally paper-based processes, simplifies inspections, improves safety, and maximises compliance.
This, combined with Nemetschek Group‘s existing capabilities in the Build & Construct segment unlocks significant field worker opportunities.
Significant growth for a subscription- and SaaS-centric business model
The complementary technologies, customer bases, and regional sales splits of GoCanvas and the Nemetschek Group will capture significant growth opportunities and lead to technology synergies through enhanced market and customer access along the entire AEC/O lifecycle.
The acquisition will further accelerate Nemetschek’s transition to a subscription- and SaaS-centric business model, which is one of the company’s key strategic priorities.
It also strengthens Nemetschek Group’s positioning in the US even further, while Nemetschek will provide GoCanvas with a unique footprint to expand in Europe and Asia-Pacific.
