BENTLEY-SYSTEMS
11.3.2020 17:16:06 CET | Business Wire | Press release
Bentley Systems, Incorporated, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, today announced the acquisition of GroupBC , a leading UK SaaS software innovator. For over twenty years, GroupBC’s and Bentley’s software solutions have been deployed for complementary purposes to improve project and asset information management. The transaction results from GroupBC’s expansion agenda, and Bentley’s investment appetite, for international growth opportunities stemming from the UK’s national initiatives for major infrastructure investment and towards infrastructure digital twins.
GroupBC’s CDE solutions, BC Projects and BC Enterprise+ , have been widely applied in the UK for information management respectively across construction and asset estates. Largely due to the UK’s substantiated ROI experience and its global thought leadership, CDEs have become increasingly availed globally in “going digital” for capital projects and resulting assets. In 2019, the UK’s (BS 1192) construction project information management guidelines were largely adopted within the global standard ISO 19650.
Also in 2019, in its inaugural study of the overall market for Collaborative BIM, ARC Advisory Group ranked Bentley’s ProjectWise system as #1 worldwide. The new opportunity is to build on ISO 19650, and GroupBC’s UK information management experience, to advance collaborative BIM, through “evergreen” digital twins, to span infrastructure lifecycles. In combination, Bentley’s iTwin Services will now be leveraged to uniquely connect GroupBC CDEs and ProjectWise CDEs. Through semantic alignment and change synchronization, the resulting digital twins cloud services will securely federate – fully enabling 4D mixed reality and analytics visibility – previously separate CDEs for construction and engineering.
Keith Bentley, Chief Technology Officer for Bentley Systems, said, “Our iTwin cloud services, taking advantage of iModel-based solutions for interoperability, are ideal for federating CDEs. This enables us to assure that the users of our BC SaaS services will benefit from further extending the value of their project and asset information through digital twins. With the help of our new GroupBC colleagues, we will now be able to better serve engineers, contractors, and owners by bringing together their collective IT (information management), OT (operational technologies including reality modeling), and ET (engineering models). I am confident that the resulting improvements in project and asset performance will be consistent with the UK’s demanding but welcome expectations for new ROI breakthroughs from digital twins.”
Simon Horsley, UK regional executive for Bentley Systems, said, “Our many UK users, projects, and owners in common with GroupBC will gain a lot from our joining forces to advance CDEs through digital twins. I have been tasked by Bentley management to help the UK to continue to lead the world in going digital for infrastructure advancement, and our new offerings and colleagues from GroupBC bring essential momentum as we pool resources to meet our market’s expanded ‘infrastructure revolution’ requirements. I particularly welcome to Bentley Systems GroupBC’s co-founders Sanjeev Shah and Stephen Crompton, and CEO Wes Simmons.”
Sanjeev Shah, co-founder of GroupBC, said, “This is a hugely exciting day for our shared accounts and for both our workforces moving forward. The opportunities which arise from bringing our two companies and their respective product portfolios together are enormous, as is the global reach which Bentley can now add for us. Working together we will be even better able to support, through ‘going digital,’ construction and asset lifecycles.”
Stephen Crompton, CPO and co-founder of GroupBC, added, “Bentley is going to provide a great new home for our products to thrive in. GroupBC have always promoted an integrated, best-of-breed approach, and being able to complement our leading software solutions with existing best-of-breed products from Bentley presents a uniquely exciting opportunity for us and our user organizations, opening the door for unparalleled integration between our solutions and bridging the gaps between design, construction and ongoing asset information management.”
Wes Simmons, CEO of GroupBC, said, “Our founders and I would like to thank our equity partner YFM for their visionary support over the last five years. For our GroupBC team, customers, and partners, joining Bentley Systems ensures a future of continued growth, including beyond construction information management through broadly federated digital twins, and international expansion. Here’s to BC CDE and digital twins advancement!”
Image: https://www.bentley.com/-/media/Images/Press Release Images/2020/Group_BC_v2_Screens_1920x1080
Caption: GroupBC offers a highly secure, yet flexible common data environment (CDE), providing powerful document and information management in the cloud for construction projects and built assets.
About GroupBC
GroupBC has been developing enterprise-scale information management solutions for construction-related projects and asset owners since 1998. GroupBC’s extensible, UK hosted Common Data Environment (CDE) makes it easy for teams to collaborate, manage and share documents data and spatial information from a central, secure cloud-based platform.
GroupBC is renowned for pushing the boundaries of technology, integrating project and asset data with external systems and datasets in order to provide rich and valuable insights which enable timelier and better decision making. Customers include Balfour Beatty, Costain, Nationwide Building Society, Sainsbury’s and Thames Water.
www.groupbc.com
About Bentley Systems
Bentley Systems is a leading global provider of software solutions to engineers, architects, geospatial professionals, constructors, and owner-operators for the design, construction, and operations of infrastructure. Bentley’s MicroStation -based engineering and BIM applications, and its digital twin cloud services, advance the project delivery (ProjectWise ) and the asset performance (AssetWise ) of transportation and other public works, utilities, industrial and resources plants, and commercial and institutional facilities.
Bentley Systems employs more than 3,500 colleagues and generates annual revenues of more than $700 million in 172 countries. From inception in 1984, the company has remained majority-owned by its five founding Bentley brothers. www.bentley.com
Bentley, the Bentley logo, AssetWise, iTwin, MicroStation, and ProjectWise are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200311005586/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
JTB to Acquire Asian DMC Leader EXO Travel for Accelerated Global Growth18.6.2026 04:00:00 CEST | Press release
— Advancing JTB's “Departing Globally, Arriving Globally” Vision — JTB Corp. today announced that it has reached an agreement to acquire all the shares of All Wise Holdings Pte. Ltd., the operator of Bangkok-based EXO Travel Group, a leading Destination Management Companies (DMCs) in Asia. The acquisition will be made through a JTB group company in the Asia-Pacific region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260615106801/en/ EXO Travel operates in the B2B market, primarily across Asia Pacific. For over 30 years, it has consistently maintained high customer satisfaction based on trust, achievements and high-quality service. The company has a strong brand presence in the affluent markets of Europe, North America and Australia, where the trust of partner companies contributes significantly to its value. Additionally, EXO Travel leverages its extensive network of destinations in Asia Pacific to develop strong products
LabGenius Therapeutics and LG Chem Enter a Research Collaboration, Option and License Agreement to Develop an AI/ML-Designed Tumour-Targeting Antibody18.6.2026 01:01:00 CEST | Press release
The companies have entered into a multi-year research collaboration, option and licensing agreement in which LabGenius Therapeutics will leverage its AI/ML-driven antibody discovery platform,EVA™, to design and engineer next-generation multispecifics with enhanced therapeutic properties LabGenius Therapeutics will receive an undisclosed upfront payment and potential early milestones, plus, if the option is exercised, potential triple-digit million clinical, regulatory, and commercial milestones, along with royalties on net sales LabGenius Therapeutics (“LabGenius”), a drug discovery company combining machine learning (ML) and high-throughput experimentation to optimise therapeutic antibodies, today announced a multi-year research collaboration, option and licensing agreement with LG Chem. The collaboration aims to identify next-generation multispecific antibodies designed to overcome the key limitations of existing immunotherapies, including on-target, off-tumour toxicities. Together,
Joe Vernachio Named President of SOREL18.6.2026 00:00:00 CEST | Press release
Columbia Sportswear Company (Nasdaq: COLM), a leading innovator in active outdoor apparel, footwear, accessories and equipment, today announced that Joe Vernachio will be the next President of SOREL. Founded in 1962, SOREL is a leader in functional and lifestyle footwear that can be worn anywhere from the tundra to the streets of New York City. “We’re excited to welcome Joe Vernachio back to the Columbia Sportswear family,” said Tim Boyle, CEO and Chair of the Board. “Joe is a terrific leader who can build on the great work, talent and momentum in place at SOREL.” Mr. Vernachio led the Mountain Hardwear brand for several years, until he left to become the COO and ultimately, the CEO of Allbirds. His background also includes time as Global Vice President for Product and Operations at The North Face, and key roles at Nike, Spyder, Roots, Calvin Klein and Patagonia. “Joe is a consumer‑focused, collaborative leader with a deep passion for product and brand storytelling. His energy, experti
Venture Global and EnBW Announce New LNG Purchase Agreements17.6.2026 22:30:00 CEST | Press release
Today, Venture Global, Inc. (NYSE: VG) and EnBW announced the execution of new, binding agreements for the purchase of approximately 0.82 million tonnes per annum (MTPA) of U.S. liquefied natural gas (LNG) from Venture Global for approximately five years commencing in 2026, to be supplied from Venture Global’s portfolio. The new agreements add to the existing long-term sales and purchase agreements (SPAs) between Venture Global and EnBW for 2 MTPA for 20 years. “As one of Germany’s top LNG suppliers, Venture Global is proud to strengthen our partnership with EnBW and support the region’s energy security with a reliable supply of LNG,” said Venture Global CEO Mike Sabel. “The new mid-term agreements build on our strong, long-standing relationship with EnBW and reflects our commitment to meeting our customers’ evolving energy needs. Our dynamic marketing platform uniquely positions us to provide supply solutions across the short, medium, and long term.” About Venture Global Venture Globa
Kinaxis Announces Results of Voting at Annual and Special Meeting of Shareholders17.6.2026 22:05:00 CEST | Press release
Kinaxis® Inc. (“Kinaxis” or the “Company”) (TSX:KXS), a global leader in end-to-end supply chain planning and orchestration, received approval for all resolutions put forward to shareholders at today’s Annual and Special Meeting of Shareholders (the “Meeting”), as detailed in the Company’s management information circular dated May 5, 2026 (the “Circular”). 1. Election of Directors Shareholders voted to elect all eight directors nominated to the Kinaxis board, to hold office until the close of the next annual meeting of shareholders of the Company or until their successors are elected or appointed. Name of Nominee Total Number of Votes For Percentage of Votes For Total Number of Votes Against Percentage of Votes Against Razat Gaurav 21,870,163 99.01% 219,468 0.99% Robert Courteau 20,882,945 94.54% 1,206,685 5.46% Gillian (Jill) Denham 21,474,486 97.22% 615,143 2.78% José Alberto Duarte 21,699,181 98.23% 390,448 1.77% Lynn Loewen 21,952,244 99.38% 137,387 0.62% Angel Mendez 21,410,402 96
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom