K1 Completes Strategic Exit of GoCanvas to Nemetschek Group

K1 Achieves $1.7B in Liquidity Since December 2023

MANHATTAN BEACH, Calif., July 3, 2024 /PRNewswire/ — K1 Investment Management (“K1”), one of the largest small-cap enterprise software investment firms, yesterday completed the sale of its portfolio company GoCanvas®. GoCanvas, a leading field worker collaboration software provider, was acquired by Nemetschek Group (FRA: NEM), a leading global provider of software solutions for the architecture, engineering, construction, operations (AEC/O) and media industries.