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Wednesday, January 31, 2024

BUILDTEC SOFTWARE GROUP AND GLASER PROGRAMMSYSTEME JOIN FORCES

Only three months after the successful formation of the BuildTec Software Group ("BuildTec"), a growing European platform for innovative software solutions in the construction & trade sector, the group is taking the next strategically important step: With the recently concluded partnership with Germany-based GLASER Programmsysteme GmbH ("GLASER"), the Group is expanding its portfolio with another international player for construction software.

GLASER, a specialist in the development and sale of professional CAD solutions, and BuildTec are joining forces with immediate effect to respond even better to the challenges of their customers in future and provide them with the best possible support in their transformation processes. Matthias Glaser will stay with the company in his role as Managing Director.

Headquartered in Hanover, GLASER is a nationally and internationally established software specialist focussing on the European construction industry. With its innovative solutions, GLASER serves an international customer base of over 4,000 customers, particularly from the construction and engineering sectors, but also from the entire construction industry.

The company, which was founded in 1978 and has been owner-managed to date, focuses in particular on the sale of the CAD solution for structural engineering "ISBCAD". With the now concluded partnership, GLASER is part of the fast-growing BuildTec Software Group, which is thus driving forward the expansion of its customer base and adding innovative software solutions to its product portfolio.

It was only in November 2023 that BuildTec succeeded in expanding its geographical presence in Scandinavia with the acquisition of E-KOMPLET A/S, a Danish software provider for project management in the trade sector. In addition to GLASER and E-KOMPLET A/S, the BuildTec Software Group, which is backed by the Bregal venture capital funds, brings together other well-known industry key players with over 20,000 customers. These include SEMA, a leading global provider of CAD/CAM software solutions for timber and staircase construction and sheet metal processing, with the two partner companies WGsystem, a provider of commercial software for all trade businesses, and Compass, a software provider for staircase, timber and window construction with a focus on CNC connections and workshop organisation. Hausmann & Wynen, a specialist in ERP solutions with a focus on electricians and other trade businesses, has also been part of the powerful software group since October 2023.

"By partnering with GLASER, we are expanding our product portfolio with innovative software solutions for the construction industry and taking an important step towards driving change in the industry and continuing on our growth path," says Alexander Neuss, CEO of the BuildTec Software Group.

"We are delighted to be working with the BuildTec Software Group," adds Matthias Glaser, CEO of GLASER. "This strategic decision gives us the opportunity to continuously develop GLASER as one of the leading German software houses for structural engineering, to strengthen our product range and to open up new market segments".

To view the original press release, please click here.

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