Construction Technology has long been one of our core investment sectors. We systematically analyzed the market over an extended period, looking for a company with global reach, deep integration into customers’ workflows, and clear growth potential. hsbcad matched this profile perfectly: an internationally established flagship product, exceptionally loyal customers, and—with hsbMake—a new solution addressing a large, still largely underserved manufacturing market.
Equally compelling was the story behind the business. The founders had previously sold hsbcad to a strategic acquirer. When the company’s full potential could not be realized under new ownership, they bought it back and spent the following decade rebuilding it with a clear long-term vision. The founders have remained closely involved ever since, supported by the brother of two of the founders, who later became CEO. This unique combination of entrepreneurial continuity and family ownership continues to shape hsbcad’s culture and DNA today.
As hsbcad reached a new stage of maturity, it became clear that the next phase of growth could be accelerated with the right partner. The founders deliberately sought an investor with deep sector expertise, operational experience, and the ability to support growth alongside the existing management team. With our experience in construction software and our hands-on operating approach, Maguar was a natural fit. Together, we share one ambition: to build on hsbcad’s strong foundation and accelerate its international growth story.