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New Deal


Announced

Completed

Bentley Systems completed the acquisition of ADINA.

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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Completed

United States

Acquisition

engineering simulation software

Private

Software

Majority

Domestic

Friendly

Single Bidder

Synopsis

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Bentley Systems, an infrastructure engineering software company, completed the acquisition of ADINA, a developer of finite element analysis software applications. Financial terms were not disclosed. “My colleagues and I are proud to be joining Bentley Systems’ broad and deep simulation team. Our aim in the development of ADINA has always been to provide a most reliable and efficient analysis tool to scientists and engineers, and it is wonderful that with Bentley, ADINA will now be used and further developed with great potential for solving the varied and interrelated challenges of infrastructure resilience," K.J. Bathe, ADINA Founder.

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