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Bentley Systems completes acquisition of Power Line Systems

Thursday, 03 Feb 2022
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Bentley Systems has completed acquisition of Power Line Systems from private equity firm TA Associates for approximately USD 700 million in cash (for a debt free business and subject to final working capital adjustments).  

When announcing its full year 2021 operating results (scheduled for March 1, 2022), Bentley Systems will provide its full-year 2022 financial outlook, reflecting the inclusion of Power Line Systems.
 
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