hsbcad and Maguar Capital Reach Agreement for Majority Investment

hsbcad, the leading global software solution provider for offsite timber construction, has announced they have reached an agreement with Maguar Capital, the German tech investor specializing in small-cap B2B software companies, to acquire a majority investment in hsbcad. This partnership represents a significant milestone in hsbcad’s journey to drive innovation and sustainability in the construction industry.

Offsite construction is an increasingly important segment of the construction industry, delivering higher quality, faster build times, and improved efficiency. Within this segment, timber construction has emerged as a sustainable alternative, reducing carbon footprints and reliance on high-emission methods. With the purpose of reshaping today’s construction industry into a sustainable and innovative tomorrow, hsbcad provides tailored solutions that empower offsite timber construction companies to adopt environmentally friendly practices. With the expertise and resources of Maguar Capital, hsbcad is poised to accelerate its growth and reach the next level of its evolution.

Karel Vinckier, CEO and Founder of hsbcad, said:

“Partnering with Maguar Capital marks a significant milestone for us, enabling us to further expand our business and capabilities. Their deep expertise in B2B software and proven track record of unlocking value were key factors in our decision to collaborate with Maguar Capital.”

Arno Poschik, Founding Partner of Maguar Capital, said:

"After closely studying the construction software sector, we are very excited to partner with hsbcad. We highly value hsbcad’s strong product portfolio and the opportunities it presents. This partnership aligns with our shared vision, and we look forward to supporting the hsbcad team as they enter their next growth phase."

The current owners of hsbcad, Karel Vinckier, Alex Vinckier, and Kris Riemslagh, will continue to play an active role within the company, both as investors and in operational capacities. As part of this strategic transition, Karel Vinckier will hand over the CEO role to Hilde Sevens. While stepping back from day-to-day leadership, Karel will focus on strengthening customer relationships and fostering strategic partnerships, ensuring the company’s ongoing stability and success. His deep expertise and visionary guidance will remain pivotal to hsbcad's growth.

Hilde Sevens brings over two decades of leadership experience in the technology sector to her new position as CEO. Having spent 11 years in the United States, Hilde offers a global perspective and a proven record of success. Her extensive expertise spans software solutions across industries such as manufacturing, construction, engineering, and consumer products.

Before joining hsbcad, Hilde held prominent leadership positions, including serving as CEO of Nemetschek SCIA. Her career also includes significant contributions to product management, business development, and innovation at Siemens PLM and Autodesk in California. Known for her ability to craft visionary strategies and accelerate business growth, Hilde is well-equipped to lead hsbcad into its next phase of development.

"I am deeply honored and energized to step into the role of CEO at hsbcad,", said Hilde Sevens. "The construction industry is poised for transformative change with technologies like BIM, DfMA, and MES driving unprecedented productivity gains. I am committed to positioning hsbcad as a global leader in this evolution. What excites me most is the positive sustainability impact of the offsite timber sector, aligning technological advancements with environmental responsibility. Together, we will shape the future of construction."