M&A Deal Summary

Bentley Acquires SPIDA Software

On June 14, 2021, Bentley acquired software company SPIDA Software

Acquisition Highlights
  • This is Bentley’s 24th transaction in the Software sector.
  • This is Bentley’s 11th transaction in the United States.
  • This is Bentley’s 1st transaction in Ohio.

M&A Deal Summary

Date 2021-06-14
Target SPIDA Software
Sector Software
Buyer(s) Bentley
Deal Type Add-on Acquisition

Target

SPIDA Software

Gahanna, Ohio, United States
SPIDA Software is a developer of specialized software for the design, analysis, and management of utility pole systems. SPIDA offers modeling, simulation, and data management software solutions to electric and communications utilities, and their engineering services providers, in the U.S. and Canada. SPIDA Software was founded in 2007 and is based in Gahanna, Ohio.

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Buyer(S) 1

Buyer

Bentley

Exton, Pennsylvania, United States

Category Company
Founded 1984
Sector Software
Employees5,500
Revenue 1.4B USD (2024)
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 33 of 41
Sector: Software M&A 24 of 32
Type: Add-on Acquisition M&A Deals 32 of 40
State: Ohio M&A 1 of 1
Country: United States M&A 11 of 17
Year: 2021 M&A 7 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-29 sensemetrics

San Diego, California, United States

sensemetrics provides a standards-based approach for collecting, organizing, and structuring data from the physica. The sensemetrics platform is used extensively for real-time safety and risk monitoring in infrastructure, mining, and construction activities including to measure and visualize civil structural movement, for condition assessment, and to help detect and prevent damage. sensemetrics was founded in 2014 and is based in San Diego, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-07 Aarhus GeoSoftware

Aarhus, Denmark

Aarhus GeoSoftware develops the software packages AGS Workbench, SPIA, Res2DInv, and Res3DInv for the processing, inversion, and visualization of geophysical data from ground-based and airborne electromagnetic (EM), electrical resistivity tomography (ERT) remote sensing, and other sources. Aarhus GeoSoftware is based in Aarhus, Denmark.

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