M&A Procore Is Paying $845 Million for Eyes Procore will acquire reality-capture platform DroneDeploy for approximately $845 million in cash — announced on the same day it told investors it had achieved GAAP operating profitability. The deal buys the one thing its AI agents could not read: the jobsite itself. Hugo Pegley · Jul 30, 2026
M&A Autodesk's $3.6 Billion MaintainX Deal Is a Bet That the Money Is in 'Operate,' Not 'Design' The largest acquisition in Autodesk's history is not a design tool or a construction platform — it's a maintenance app for factory and facility teams. The logic reveals where the company thinks the next decade of value in the built environment actually sits. Hugo Pegley · Jun 13, 2026
M&A AECOM Pays $390 Million for an AI That Claims to Automate 90% of Engineering Work The $390 million acquisition of Norwegian AI startup Consigli is the largest AI deal in AEC history — and the first time a major engineering services firm has bought a software startup rather than waiting for someone else to. The industry is still processing what it means. Hugo Pegley · Jun 12, 2026
M&A Nemetschek Acquires HCSS, and the Construction Software Map Gets Redrawn The Munich-based software giant's acquisition of HCSS — the Texas company whose HeavyBid and HeavyJob tools run estimating and project management for thousands of heavy civil contractors — is the largest contech deal of spring 2026. It also changes the competitive landscape in ways that won't become clear for at least 18 months. Hugo Pegley · Jun 12, 2026
M&A Trimble Acquires Document Crunch, Embedding Contract AI Into the Core of Its Construction Suite The April 2026 deal brings AI-powered contract risk analysis into Trimble's Construction One platform — and is the clearest signal yet that contract intelligence is becoming table stakes for construction software incumbents. Hugo Pegley · Jun 12, 2026
