Maguar Capital completed the acquisition of a majority stake in hsbcad.

Maguar Capital, a private equity firm specializing in B2B software investments, completed the acquisition of a majority stake in hsbcad, a provider of software solutions for offsite timber construction. Financial terms were not disclosed. “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,” Karel Vinckier, Founder of hsbcad.