# Bentley Systems completes $700M acquisition of Power Line Systems

Bentley Systems completed its acquisition of Power Line Systems, a leader in software for overhead electric power transmission line design, from TA Associates for approximately $700 million in cash.

- Type: Acquisition
- Announced: 2022-01-31
- Where: Exton, Pennsylvania, United States
- Value: $700.0M
- Status: completed
- Products: infrastructure engineering software, power transmission line design software
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Bentley Systems](https://endata.com/companies/16341.md) (acquirer)
- [Power Line Systems](https://endata.com/companies/60707.md) (target)
- [TA Associates](https://endata.com/companies/60708.md) (partner)

## Sources

- [investors.bentley.com](https://investors.bentley.com/news-releases/news-release-details/bentley-systems-completes-acquisition-power-line-systems-global/), 2022-01-31: "Bentley Systems, Incorporated today announced the completion of its acquisition of Power Line Systems—a leader in software for the design of overhead electric power transmission lines and their structures—from private equity firm TA Associates for approximately $700 million in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.