M&A - BENTLEY SYSTEMS INC

Form Type: 10-K

Filing Date: 2025-02-26

Corporate Action: Acquisition

Type: New

Accession Number: 000103130825000002

Filing Summary: On February 26, 2025, Bentley Systems Inc. filed its 10-K report for the fiscal year ending December 31, 2024. The report highlights significant corporate actions, notably an acquisition that is part of a strategic initiative to enhance their portfolio in engineering software solutions. The company aims to leverage technological advancements in infrastructure design and management through such acquisitions. Financial data reveals a strong year-over-year growth in revenue and adjustments in various operational sectors. The report also outlines risks associated with market competition and economic fluctuations that could impact future performance. Bentley Systems maintains a robust outlook, supported by continued investment in innovation and customer engagement strategies.