Public Company Software

Bentley Systems

Exton, Pennsylvania, United States

Bentley Systems is an infrastructure engineering software company whose digital twin and engineering/asset lifecycle solutions help infrastructure professionals design, build, and operate more resilient infrastructure across transportation, water, energy, and cities.

Focus Areas
Infrastructure engineering software, Digital twins, Engineering design and modeling
Website
www.bentley.com

Tracked deals

13

13 tracked deals across 2019-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

13 buyout

Bentley Systems Acquisition Volume by Year

Last 6 years

Acquisition volume by year Annual acquisition counts for the last 6 years for Bentley Systems. 2 2019 1 2020 6 2021 2 2022 1 2023 1 2024

Supporting Data

Recent Transactions

Showing the 12 most recent of 13 tracked deals for Bentley Systems.

  • Buyer
    Bentley Systems
    Target
    Cesium
    Industry
    Cloud & SaaS
    Type
    Buyout

    Bentley Systems has acquired Cesium, the open platform provider of 3D geospatial tools and the Cesium ion SaaS platform, to integrate Cesium's visualization and 3D Tiles standard with Bentley's iTwin digital twin offerings. Patrick Cozzi, Cesium's CEO, will join Bentley as chief platform officer to lead the combined platform; financial terms were not disclosed.

  • Buyer
    Bentley Systems
    Target
    EasyPower
    Seller
    Existing non-operational shareholders of EasyPower
    Industry
    Software
    Type
    Buyout

    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.

  • Buyer
    Cohesive Group, Bentley Systems
    Target
    Vetasi
    Industry
    IT Services
    Location
    United Kingdom
    Type
    Buyout

    Bentley Systems’ digital integrator business, Cohesive Group, has acquired Vetasi, an international enterprise asset management (EAM) consultancy with a strong focus on IBM Maximo. The acquisition expands Cohesive’s Maximo managed-services, cloud hosting and low-code capabilities and increases its geographic footprint across EMEA and Asia Pacific by adding Vetasi’s ~200+ employees and regional operations.

  • Buyer
    Bentley Systems, Incorporated
    Target
    ADINA R & D Inc.
    Industry
    Software
    Type
    Buyout

    Bentley Systems has acquired Watertown, Massachusetts-based ADINA R & D Inc., a developer of finite element analysis and nonlinear simulation software. The purchase integrates ADINA's authoritative nonlinear and multiphysics simulation capabilities into Bentley's infrastructure digital twin and engineering simulation portfolio to extend simulation realism and resilience across Bentley's products.

  • Buyer
    Bentley Systems
    Target
    Power Line Systems
    Seller
    TA Associates
    Industry
    Software
    Type
    Buyout

    Bentley Systems agreed to acquire Power Line Systems, a Madison, Wisconsin–headquartered leader in transmission-line engineering software, from private equity firm TA Associates for approximately $700 million. The acquisition expands Bentley's grid integration and digital twin offerings by adding transmission-grade PLS products to its portfolio and will operate within Bentley's new Grid Integration Group upon closing.

  • Buyer
    The Cohesive Companies, Bentley Systems, Incorporated
    Target
    OXplus
    Industry
    Transportation
    Location
    North Brabant, Netherlands
    Type
    Buyout

    The Cohesive Companies, the digital integrator business unit of Bentley Systems, has acquired OXplus, a rail asset management specialist headquartered in Veghel, Netherlands. The deal expands The Cohesive Companies’ enterprise asset management and rail capabilities across Europe and strengthens its transportation infrastructure offerings and digital twin/EAM services.

  • Buyer
    Seequent, Bentley Systems
    Target
    Minalytix
    Industry
    Cloud & SaaS
    Location
    Ontario, Canada
    Type
    Buyout

    Seequent, the geoscience business unit of Bentley Systems, acquired Canadian software company Minalytix, developer of the MX Deposit SaaS platform. The acquisition (following Seequent's prior minority stake and exclusive partnership) expands Seequent's cloud data-collection and collaboration capabilities for mining exploration, resource development, and production workflows.

  • Buyer
    Bentley Systems, Incorporated
    Target
    Seequent Holdings Limited
    Seller
    Accel-KKR
    Industry
    Software
    Location
    New Zealand
    Type
    Buyout

    Bentley Systems completed the acquisition of Seequent Holdings Limited for approximately $900 million in cash plus 3,141,342 BSY Class B shares, adding Seequent's 3D geological modelling and cloud geodata capabilities to Bentley's infrastructure engineering software portfolio. The deal was a purchase of the majority stake previously held by Accel-KKR and is intended to expand Bentley's subsurface and geoscience capabilities across infrastructure, energy, and natural resources markets.

  • Buyer
    Bentley Systems, Incorporated
    Target
    SPIDA Software
    Seller
    SPIDA management and shareholders
    Industry
    Software
    Type
    Buyout

    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.

  • Buyer
    Bentley Systems, Incorporated
    Target
    E7 Pty Ltd
    Industry
    Software
    Location
    Queensland, Australia
    Type
    Buyout

    Bentley Systems has acquired E7 Pty Ltd, a Brisbane-based provider of field-based construction delivery software, to integrate E7’s mobile and web field data capture and daily-cost capabilities into Bentley’s SYNCHRO digital construction delivery solution. The deal brings E7’s field resource utilization and progress measurement tools to Bentley’s 4D construction digital twin platform, enhancing project delivery for heavy civil contractors working on large infrastructure programs.

  • Buyer
    Bentley Systems
    Target
    NoteVault
    Industry
    Software
    Type
    Buyout

    Bentley Systems has acquired NoteVault, a provider of voice-based field automation for construction management, to integrate voice-driven reporting into its SYNCHRO digital construction environment. Financial terms were not disclosed; Bentley will fold NoteVault’s capabilities into SYNCHRO to improve field data capture and construction reporting accuracy.

  • Buyer
    Bentley Systems, Incorporated
    Target
    Citilabs, Orbit Geospatial Technologies (Orbit GT)
    Industry
    Software
    Location
    United States
    Type
    Buyout

    Bentley Systems acquired Citilabs, a provider of CUBE transportation simulation and Streetlytics mobility analytics, and Orbit Geospatial Technologies (Orbit GT), a 3D and mobile mapping software provider. The acquisitions expand Bentley's digital cities and mobility digital twin capabilities by combining traffic simulation, mobility analytics, and reality-modeling/mapping technologies with Bentley's engineering and cloud services.

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