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Announced

Completed

Bentley Systems completed the acquisiton of SPIDA Software.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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design software

Private

Domestic

Completed

Software

Majority

software

management software

Friendly

United States

Single Bidder

Acquisition

Synopsis

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Bentley Systems, the infrastructure engineering software company, completed the acquisiton of SPIDA Software, a developers of specialized software for the design, analysis, and management of utility pole systems. Financial terms were not disclosed. "As the rapid expansion of renewable energy sources and greater demand created by electric vehicles increasingly stresses our grid infrastructure, and for 5G-enabled broadband rollout, grids’ utility poles are ‘priceless’ for sustainably advancing infrastructure,” Alan Kiraly, Bentley Systems Senior Vice President.

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