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
