Bentley Systems, Incorporated (NasdaqGS:BSY) acquired SPIDA Software on June 14, 2021. Post deal completion, 26 employees in North America of SPIDA Software will join Bentley Systems, Incorporated. 7 Mile Advisors, LLC acted as financial advisor to SPIDA's management and shareholders in the transaction. Elizabeth Guidi of Debevoise & Plimpton LLP and Eric Siegel, Ed Lemanowicz, David Jones, Timothy Blank and Tom Rayski of Dechert LLP acted as legal advisors to Bentley Systems.
Bentley Systems, Incorporated (NasdaqGS:BSY) completed the acquisition of SPIDA Software on June 14, 2021.
Bentley Systems, Incorporated is an infrastructure engineering software company. The Company offers solutions for enterprises and professionals across the infrastructure lifecycle. Its software enables digital workflows across engineering disciplines, across distributed project teams, and from offices to the field. Its offerings are powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequentâs software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Its engineering and geoprofessional applications are primarily cloud-connected desktop modeling and simulation applications. Its software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, and water and wastewater, others.