Tag: David Hollister

Bentley Systems to acquire Power Line Systems

Bentley Systems, Incorporated, the infrastructure engineering software company, announced that it has entered into a definitive agreement to acquire Power Line Systems—a leader in software for the design of overhead electric power transmission lines and their structures—from private equity firm TA Associates for approximately $700 million. The acquisition is subject to customary closing conditions, including HSR…

Bentley Systems to acquire Seequent in $1.05 bn deal

Bentley Systems, the infrastructure engineering software company, announced that it has entered into a definitive agreement with investors led by Accel-KKR to acquire Seequent—a leader in software for geological and geophysical modeling, geotechnical stability, and cloud services for geodata management, visibility, and collaboration—for $900 million in cash, subject to adjustment, plus 3,141,361 BSY Class B…