Nemetschek’s acquisition of dRofus enables cloud-based data management and furthers the already close relationship between the companies.
As a data management and BIM collaboration tool, dRofus supports products from Nemetschek including Graphisoft, Vectorworks, and Solibri and also supports leading BIM tools such as Revit and ArchiCAD. It enables integrated communication and bidirectional synchronization between dRofus and project models in a SQL server database that enables “state of the art performance and speed” for all projects no matter how large, or complex. It provides stakeholders with workflow support throughout the building cycle including handover to facility managers, through a central, cloud based platform. The product is sold as a subscription and the company says their subscription renewal rate is 100%.
dRofus AS is a relatively young company, founded in 2011 and originally developed by Nosyko, a consultant company for hospital planning in Norway; dRofus has 28 employees with subsidiaries in the US, Australia, and Sweden with regional sales and support offices. The company expects revenues of EUR 4.5 million for 2016, a 40% increase over last year. The company expects an operation margin of approximately 25%. Nemetschek will pay approximately 24.5 million, which will be finance through the company’s own capital results and through the use of its lines of credit. The deal is expected to close by the beginning of January 2017.