Brandt Group of Companies

Engineering Tech

Bentley Systems | February 01, 2022

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, 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 (for a debt free business and subject to final working capital adjustments). When announcing its full year 2021 operating resu...

Materials, Construction

H&E Equipment Services | September 20, 2022

H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced the signing of a definitive agreement to acquire One Source Equipment Rental, Inc. (“One Source”), a provider of non-residential construction and industrial equipment with operations in the Midwest and Southern U.S. One Source, which is employee owned, operates 10 branches, including three locations in each of Illinois and Indiana, two locations in Tennessee and one in...

Construction

ConWize | June 21, 2022

ConWize, the construction tendering software company, announced it had raised $2.8 million in a seed round led by Ariel Maislos. Other investors include Pi Labs, Europe's first and most active Proptech VC, and angel investors Liad Agmon and Meir Gabay. Today, most construction companies, subcontractors, and suppliers in the construction industry still manage tenders manually, making the bidding process time-consuming, expensive, and prone to mistakes. With 15 years of experien...

Engineering Tech

Tekfen | June 21, 2022

Tekfen Holding A.S., a leading conglomerate in the engineering, contracting and agriculture industries, announced a partnership and investment in Petra, the first undergrounding company using autonomous systems to bury critical utilities with robots capable of boring the hardest geologies in the world. Tekfen Construction, the flagship company of Tekfen Holding, is renowned for the construction of large-scale projects—ranging from pipelines, power plants, industrial faciliti...