Client
Hitech
Deal Type
Buy-Side M&A
Deal Team
Ripun Jai Mehta
Managing Partner
Pankaj Arora
Managing Director
Client Description
Hitech is an integrated engineering consulting and business process solutions company with a global client base. With over 1,100 employees and a presence in 50+ countries, Hitech specializes in process improvement, data analytics, and design-led optimisation across built environment sectors. The firm provides scalable digital services to engineering, manufacturing, and construction clients.
Tekenplus, founded in 2009 and headquartered in the Netherlands, delivers 2D and 3D BIM modelling solutions through a user-friendly platform. The company works with housing corporations, municipalities, asset managers, and real estate owners—bringing clarity and structure to complex digital property portfolios.
Approach
Hitech appointed Novistra Capital to advise on a strategic acquisition that would enhance its data analytics offering in Europe and deepen domain capabilities in real estate digitisation. Novistra led a cross-border process, identifying Tekenplus as a highly specialized partner with strong regional presence and complementary expertise in BIM and digital asset management.
With experience across engineering services and digital transformation mandates, Novistra supported Hitech in structuring and executing the transaction to align both operational and strategic priorities.
Outcome
Hitech acquired a majority stake in Tekenplus, expanding its capabilities in BIM, real estate analytics, and digital engineering services across Europe. The transaction creates new opportunities for product development, cross-market expansion, and end-to-end solutions across the built environment value chain.
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