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  5. Bentley Acquires E7 Pty

M&A Deal Summary

Bentley Acquires E7 Pty

On February 25, 2021, Bentley acquired software company E7 Pty

Acquisition Highlights
  • This is Bentley’s 20th transaction in the Software sector.
  • This is Bentley’s 2nd transaction in Australia.

M&A Deal Summary
Date 2021-02-25
Target E7 Pty
Sector Software
Buyer(s) Bentley
Deal Type Add-on Acquisition

Target

E7 Pty

Graceville East, Australia
E7 Pty Ltd. is a provider of field-based construction delivery software for heavy civil construction. E7 is based in Graceville East, Australia.

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Buyer(S) 1

Buyer

Bentley

Exton, Pennsylvania, United States
Category Company
Founded 1984
Sector Software
Employees5,200
Revenue 1.2B USD (2023)
DESCRIPTION

Bentley is a software development company that supports the professional needs of those responsible for creating and managing the world’s infrastructure, including roadways, bridges, airports, skyscrapers, and industrial and power plants, as well as utility networks. Bentley delivers solutions for the entire lifecycle of the infrastructure asset, tailored to the needs of the various professions: the engineers, architects, geospatial professionals, planners, contractors, fabricators, IT managers, operators, and maintenance engineers: who will work on and work with that asset over its lifetime. Comprised of integrated applications and services built on an open platform, each solution is designed to ensure that information flows between workflow processes and project team members to enable interoperability and collaboration. Bentley was founded in 1984 and is based in Exton, Pennsylvania.

DEAL STATS #
Overall 27 of 41
Sector (Software) 20 of 32
Type (Add-on Acquisition) 26 of 40
Country (Australia) 2 of 2
Year (2021) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-19 FutureOn a.s.

Oslo, Norway

FutureOn is an agile young Norwegian software company with a passion for innovation and a head full of creative ideas. They bring along a bench of smart thinkers who have been providing appealing visual content to the oil and gas industry for many years and have now turned that creative ability into a software platform. That platform called FieldTwin is changing the way oil and gas engineers are seeing their whole world and collaborating in ways they have never even considered in the past. FutureOn was formed in 2016 and is based in Oslo, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-11 Seequent

Canterbury, New Zealand

Seequent is a provider in the visualization and interpretation of geological data for applications in the mining, minerals, energy, civil and environmental industries. Seequent provides software and consultancy solutions and has received wide acclaim for its flagship product, Leapfrog. Seequent was founded in 2003 and is based in Canterbury, New Zeland.

Buy $1.1B
Mergr

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