Bentley Systems Acquires Power Line Systems from TA Associates for ~$700M

Bentley Systems Acquires EasyPower

February 23, 2023

Software

Bentley Systems has acquired EasyPower, a Portland, Oregon-based developer of power systems design and analysis software, to broaden its infrastructure digital twin and electrical modeling capabilities. The acquisition adds approximately 45 EasyPower colleagues and will integrate EasyPower's workflows with Bentley's iTwin platform and engineering applications to improve power distribution design, safety, and resilience across infrastructure sectors.

Alpine Power Systems Acquires Selected Assets of DC Power Systems, Inc.

June 12, 2024

Electrical Services

Alpine Power Systems has acquired selected assets of DC Power Systems, Inc., a long‑standing provider of critical power products and services in the Southeast U.S. The deal expands Alpine's critical power capabilities and strengthens its presence in the Southeast.

ENGIE Ineo Acquires Powerlines from Gilde Buy Out Partners

July 31, 2019

Infrastructure

ENGIE Ineo has agreed to acquire Powerlines, a European full-service provider of electrical rail and high-voltage infrastructure, from funds advised by Gilde Buy Out Partners. Powerlines, headquartered near Vienna and employing more than 1,000 people, will join ENGIE Ineo to create an international platform for transport infrastructure projects and offer turnkey energy and rail electrification solutions.

Bentley Systems Acquires SPIDA Software

June 14, 2021

Software

Bentley Systems has acquired SPIDA Software, a Columbus, Ohio-based developer of specialized utility pole design, analysis, and asset management software. The acquisition (advised by 7 Mile Advisors to SPIDA) adds approximately 26 colleagues to Bentley and will integrate SPIDA's structural analysis and pole-management capabilities into Bentley's OpenUtilities grid digital twin and cloud services to support grid modernization and 5G/EV infrastructure demands.

Bentley Systems Acquires Talon Aerolytics and Pointivo Technology

January 5, 2026

Software

Bentley Systems acquired Talon Aerolytics and the technology and technical expertise of Pointivo to strengthen its Asset Analytics portfolio. The deals (closed in December) expand Bentley's digital twin and AI capabilities for infrastructure asset inspections, drone data processing, and automated damage detection across telecommunications and electric utilities.

MYR Group Acquires Powerline Plus Companies

January 4, 2022

Electrical Services

MYR Group Inc., through its Canadian subsidiary MYR Group Construction Canada, Ltd., acquired all issued and outstanding shares of Powerline Plus Ltd. and its affiliate (the "Powerline Plus Companies"). Powerline Plus is a Toronto‑headquartered full‑service electrical distribution construction company with combined average annual revenues of about $80 million; the acquisition expands MYR's transmission & distribution capabilities and geographic reach in Canada.