M&A Deal Summary

Bentley Acquires SoilVision Systems

On April 26, 2018, Bentley acquired software company SoilVision Systems

Acquisition Highlights
  • This is Bentley’s 14th transaction in the Software sector.
  • This is Bentley’s 1st transaction in Canada.
  • This is Bentley’s 1st transaction in Saskatchewan.

M&A Deal Summary
Date 2018-04-26
Target SoilVision Systems
Sector Software
Buyer(s) Bentley
Deal Type Add-on Acquisition

Target

SoilVision Systems

Saskatoon, Saskatchewan, Canada
SoilVision Systems Ltd. is a soil engineering software provider. SoilVision Systems software solves complex problems by performing numerical modeling and analysis of earth structures in the areas of soil and rock slope stability of earth dams, open pits, levees, embankments, and retaining walls. SoilVision Systems Ltd. was established in 1997 and is based in Saskatoon, Saskatchewan.

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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 16 of 41
Sector (Software) 14 of 32
Type (Add-on Acquisition) 15 of 40
State (Saskatchewan) 1 of 1
Country (Canada) 1 of 2
Year (2018) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-26 Plaxis BV

Delft, Netherlands

Plaxis BV is a provider of geotechnical engineering software based on the finite element method, offering its applications to users in more than 100 countries worldwide. Plaxis BV is based in Delft, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-20 Synchro Software

London, United Kingdom

Synchro Software Ltd. is a provider of 4D construction modeling software, for scheduling and project management. Synchro Software Ltd. was founded in 2001 and is based in London, United Kingdom.

Buy -
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