M&A Deal Summary

Bentley Acquires Cesium

On September 6, 2024, Bentley acquired software company Cesium

Acquisition Highlights
  • This is Bentley’s 32nd transaction in the Software sector.
  • This is Bentley’s 17th transaction in the United States.
  • This is Bentley’s 3rd transaction in Pennsylvania.

M&A Deal Summary
Date 2024-09-06
Target Cesium
Sector Software
Buyer(s) Bentley
Deal Type Add-on Acquisition

Target

Cesium

Philadelphia, Pennsylvania, United States
Cesium is a 3D geospatial technology company that specializes in creating software solutions for visualizing, analyzing, and understanding 3D geospatial data. Cesium was founded in 2019 and is based in Philadelphia, Pennsylvania.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 41 of 41
Sector (Software) 32 of 32
Type (Add-on Acquisition) 40 of 40
State (Pennsylvania) 3 of 3
Country (United States) 17 of 17
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-11 Flow State Solutions

Rotorua, New Zealand

Flow State Solutions is a geothermal simulation software that provides geothermal reservoir, wellbore, and surface network simulation solutions to help project developers and operators better understand geothermal resources for asset development and optimization and improve well performance. Flow State Solutions is based in Rotorua, Bay of Plenty.

Buy -
Mergr

Product

Company

Legal