Bentley Systems announced its IPO and was welcomed Sep 23, 2020 by the NASDAQ stock exchange in New York. (Picture from NASDAQ.)
After 36 years as a private company, Bentley Systems finally announced this September it has gone public with an initial public offering (IPO), making its shares available to the public on the Nasdaq Global Select Market available to begin trading on September 23, 2020 under the symbol “BSY.”
“Bentley,” as we know them in the AEC industry, has been providing infrastructure design solutions since 1984 that include the popular solutions MicroStation, ProjectWise and dozens of others for building, rail, roads and more.
Based in Exton, Pennsylvania, the five Bentley brothers—Greg, Keith, Barry, Raymond and Scott—built the Bentley empire which includes more than 4,000 employees worldwide and annual revenues of more than $700 million in 171 countries outside the United States.
It’s a family affair. Bentley brothers from left to right, CEO Greg Bentley, EVP Barry J. Bentley, EVP Raymond B. Bentley, EVP &CTO Keith A. Bentley. (Picture courtesy of Bentley Systems.)
65-year-old Greg Bentley heads the show these days as CEO. Little did we know he was not one of the founders but joined the company shortly after its inception. And it may surprise Bentley customers to learn Greg’s background is in finance (MBA from the prestigious Wharton School) and bachelor’s in the little-known field of decision sciences from the University of…