scoop.co.nz 21 Mar, 2021 22:30 am

Grant Thornton NZ Advises On NZ$1.45b Tech Acquisition

Business Scoop provides news and views on Business and Markets from New Zealand

March 22, 2021 PressRelease Press Release – Grant Thornton Grant Thornton New Zealand has recently completed financial and tax due diligence on one of the biggest inbound NZ tech company acquisitions in recent years.Bentley Systems, the Nasdaq listed infrastructure engineering software company (NASDAQ: BSY) … Grant Thornton New Zealand has recently completed financial and tax due diligence on one of the biggest inbound NZ tech company acquisitions in recent years.The Grant Thornton team advising Bentley was led by tax Partner, Don MacKenzie and Richard Hughes, a Partner in the firm’s financial advisory services team, and included tax Director, Sam O’Connor and Rosaline Chan, Senior Manager, financial advisory services.Bentley Systems, the Nasdaq listed infrastructure engineering software company (NASDAQ: BSY) has entered into an agreement with investors led by Accel-KKR to acquire Seequent Holdings Limited.

Bentley Systems is headquartered in Pennsylvania, USA and employs more than 4,000 people.“Don, Richard and the team not only provided quality services, their delivery was highly responsive; this meant that due diligence was completed in record time which is fantastic given the size and complexity of the deal”, says Werner Andre, Vice President, Global Corporate Controller & Chief Accounting Officer at Bentley Systems.

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