Digital Integrator Cohesive Group Acquires Vetasi, Leading Provider of IBM Maximo Managed Services
November 30 2022 - 3:01PM
Business Wire
Enhancing its Position as a Global Partner for
EAM Operational Excellence, Expanding Market Capacity and
Geographical Reach
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure
engineering software company, today announced that its Cohesive
Group digital integrator business has acquired Vetasi, a leading
international consultancy specializing in enterprise asset
management (EAM) solutions, with a strong focus on IBM Maximo.
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Vetasi brings to Cohesive the largest IBM Maximo consultancy
team across Europe, Africa, and ASEAN countries, with headquarters
in the United Kingdom and operations based in Poland, Indonesia,
South Africa, Spain, Ukraine, and Australia. In addition to EAM
resources, Vetasi deepens the Cohesive team with additional
strategic advisory capabilities and adds to the Cohesive services
catalog Maximo cloud hosting capabilities, expertise in low-code
development, and strong real estate and facilities management
domain knowledge. By virtue of the combination with Cohesive,
Vetasi’s clients can benefit from the multidiscipline scope of a
world-leading digital integrator, combining greater global scale
with local agility to leverage more value from their asset
portfolios.
Cohesive was founded by Bentley in 2020 as a digital engineering
systems integrator to help infrastructure owner-operators deliver
transformational and sustainable outcomes. Cohesive has achieved
consistent significant growth and continues to win substantial new
projects, notably in the utilities, transport, and energy sectors.
Prior to Vetasi, Cohesive has acquired multiple organizations in
the EAM and digital twin advisory space to increase service
delivery capacity, including prioritizing geographical reach for
significantly growing opportunities in the EMEA and especially Asia
Pacific regions.
David Hollister, Bentley Systems’ chief investment officer,
said, “The acquisition of Vetasi, with over 200 colleagues in EMEA
and Asia Pacific, contributes substantially towards our objectives
for Cohesive as an independent digital integrator, largely filling
any remaining gaps to achieve comprehensive global self-sufficiency
and economies of scale across the full lifecycle of infrastructure
assets. Additionally, Vetasi significantly accelerates Cohesive’s
learning curve in cloud hosting provisioning for Maximo. Cohesive’s
growing success will show the way for engineering firms to create
and curate digital twin data-centric cloud services for
infrastructure owner-operators, increasing opportunities for
Bentley’s market-leading iTwin Platform.”
Mark Bew, CEO of Cohesive, said, “Acquiring Vetasi enables
Cohesive to consolidate its position as a global leader in digital
engineering systems integration. This significantly scales out our
global platform to build long-term, high-value partnerships with
our clients. By advancing Maximo implementations to function within
digital “infinity twins,” Cohesive can help to transform
asset-owners’ businesses from an operational perspective while also
improving their ESG performance. On behalf of Cohesive’s talent
force of now over 700 colleagues everywhere, we warmly embrace the
Vetasi team and look forward to the next step in our shared
journey.”
Jarosław Łukasiewicz, CEO of Vetasi, who joins Cohesive along
with other executive partners James Fair and Trevor Roberts, said,
“We are delighted to join Cohesive and contribute to its mission of
delivering transformational and sustainable outcomes through the
built and natural environment. Becoming part of Cohesive enables us
to expand our partnerships with our clients and build further upon
Vetasi’s vision of delivering solutions that deliver real
value.”
Image 1: Getty Images
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About Cohesive
As a world-class digital engineering systems integrator and
consultancy, Cohesive partners with infrastructure asset
owner-operators and enterprise leaders to design and deliver
transformational outcomes in both the built and natural
environments, achieving for its clients practical service and
financial and social goals. Its portfolio of industry and
implementation experts, lifecycle capabilities, and key software
proficiencies enables Cohesive to support and improve the most
complex infrastructure projects and assets globally.
Learn more at https://cohesivegroup.com.
About Bentley Systems
Bentley Systems (Nasdaq: BSY) is the infrastructure engineering
software company. We provide innovative software to advance the
world’s infrastructure – sustaining both the global economy and
environment. Our industry-leading software solutions are used by
professionals, and organizations of every size, for the design,
construction, and operations of roads and bridges, rail and
transit, water and wastewater, public works and utilities,
buildings and campuses, mining, and industrial facilities. Our
offerings include MicroStation-based applications for modeling and
simulation, ProjectWise for project delivery, AssetWise for asset
and network performance, Seequent’s leading geoprofessional
software portfolio, and the iTwin Platform for infrastructure
digital twins. Bentley Systems employs more than 4,500 colleagues
and generates annual revenues of approximately $1 billion in 186
countries. www.bentley.com
© 2022 Bentley Systems, Incorporated. Bentley, AssetWise,
Cohesive, iTwin, MicroStation, ProjectWise, Seequent, and Vetasi
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20221130006068/en/
Press Contact: Mitchel Weber +31 682097756
Mitchel.Weber@cohesivegroup.com Follow us on LinkedIn:
@cohesive
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