DGAP-News
Nemetschek successfully concludes acquisition of Bluebeam Software
DGAP-News: Nemetschek AG / Key word(s): Acquisition
Nemetschek successfully concludes acquisition of Bluebeam Software
31.10.2014 / 10:03
---------------------------------------------------------------------
Anzeige
Corporate News
Nemetschek successfully concludes acquisition of Bluebeam Software
- Acquisition of 100 percent of shares
- Consolidation as of November 1, 2014
- Growth is accelerated as a result of Bluebeam
- Increase in 2014 forecast revenues to EUR 211 to 216 million (formerly
EUR 207 to 212 million)
Munich, October 31, 2014 - Nemetschek AG (ISIN 0006452907) has successfully
concluded the acquisition of Bluebeam Software, Inc., headquartered in
Pasadena/California, USA. In total 100 percent of Bluebeam shares have been
transferred to Nemetschek.
Bluebeam is a leading provider of PDF-based workflow solutions for digital
work processes and collaboration in the AEC industry. The innovative and
strongly growing company, with more than 650,000 users worldwide, already
counts more than 74% of the top 50 US companies in the construction
industry as its customers.
Bluebeam optimally suits our solution portfolio and our commitment to open
standards. All solutions of the Nemetschek Group can be integrated into the
Bluebeam workflow by means of simple PDF conversion. The platform
technology "Bluebeam Revu" enables digital and paperless workflows and
significantly improves collaboration between all those involved in the
building project, which ultimately leads to an increase in efficiency in
the building process. At the same time, the acquisition allows us to
reinforce our international market presence in North America. Bluebeam, in
turn, will profit from the strong position of the Nemetschek Group in
Europe and Asia.
In the 2013 financial year, Bluebeam achieved a year over year revenue
growth rate of 48%, amounting to approx. USD 22.4 million. In the first
half of 2014, Bluebeam was able to grow further and generate revenues of
USD 16.5 million and an operating result (EBIT) of USD 3.2 million. The
purchase price for the acquisition amounted to about USD 100 million
(cash-/debt-free) and was settled using the high cash position of the
Nemetschek Group and the taking out of a loan.
Growth accelerated, 2014 revenue forecast increased
In the course of the acquisition and consolidation as of November 1, 2014,
the Nemetschek Group adjusts its forecast for the current financial year
2014 upwards. Revenues in the range of EUR 211 to 216 million are
Nemetschek successfully concludes acquisition of Bluebeam Software
- Acquisition of 100 percent of shares
- Consolidation as of November 1, 2014
- Growth is accelerated as a result of Bluebeam
- Increase in 2014 forecast revenues to EUR 211 to 216 million (formerly
EUR 207 to 212 million)
Munich, October 31, 2014 - Nemetschek AG (ISIN 0006452907) has successfully
concluded the acquisition of Bluebeam Software, Inc., headquartered in
Pasadena/California, USA. In total 100 percent of Bluebeam shares have been
transferred to Nemetschek.
Bluebeam is a leading provider of PDF-based workflow solutions for digital
work processes and collaboration in the AEC industry. The innovative and
strongly growing company, with more than 650,000 users worldwide, already
counts more than 74% of the top 50 US companies in the construction
industry as its customers.
Bluebeam optimally suits our solution portfolio and our commitment to open
standards. All solutions of the Nemetschek Group can be integrated into the
Bluebeam workflow by means of simple PDF conversion. The platform
technology "Bluebeam Revu" enables digital and paperless workflows and
significantly improves collaboration between all those involved in the
building project, which ultimately leads to an increase in efficiency in
the building process. At the same time, the acquisition allows us to
reinforce our international market presence in North America. Bluebeam, in
turn, will profit from the strong position of the Nemetschek Group in
Europe and Asia.
In the 2013 financial year, Bluebeam achieved a year over year revenue
growth rate of 48%, amounting to approx. USD 22.4 million. In the first
half of 2014, Bluebeam was able to grow further and generate revenues of
USD 16.5 million and an operating result (EBIT) of USD 3.2 million. The
purchase price for the acquisition amounted to about USD 100 million
(cash-/debt-free) and was settled using the high cash position of the
Nemetschek Group and the taking out of a loan.
Growth accelerated, 2014 revenue forecast increased
In the course of the acquisition and consolidation as of November 1, 2014,
the Nemetschek Group adjusts its forecast for the current financial year
2014 upwards. Revenues in the range of EUR 211 to 216 million are
Diskutieren Sie über die enthaltenen Werte
Aktuelle Themen
Weitere Artikel des Autors
1 im Artikel enthaltener WertIm Artikel enthaltene Werte