Bentley Systems, Incorporated (BSY), the infrastructure engineering software company, announced the completion of its acquisition of Seequent Holdings Limited, for approximately $900 million in cash (for a debt free business and subject to final working capital adjustments) plus 3,141,342 BSY Class B shares.
When announcing its second quarter 2021 operating results (scheduled for August 10, 2021) Bentley Systems will update its full‑year 2021 financial outlook, reflecting the inclusion of Seequent.
Bentley Systems is the infrastructure engineering software company. It provides innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Bentley Systems employs more than 4,000 colleagues and generates annual revenues of more than $800 million in 172 countries.
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