UNITED KINGDOM —Enterprise software provider Naviam has signed a definitive agreement to acquire digital transformation consultant Cohesive from infrastructure engineering software firm Bentley Systems. Under the terms of the transaction, Bentley Systems will take an equity stake in Naviam, securing a minority ownership position and a seat on the board of directors. Simultaneously, growth equity firm Norwest has executed a definitive agreement to inject capital into the combined organization to scale its service capabilities and software suite. The transaction is projected to close on September 30, 2026, subject to customary closing conditions and regulatory approvals.
Naviam is a specialized global systems integrator and consulting firm focused on deploying, hosting, and optimizing IBM Maximo enterprise asset management platforms. Cohesive provides digital engineering, asset management implementation, and advisory services to major infrastructure owners, including defense organizations and power utilities. Bentley Systems develops infrastructure engineering software, specializing in geospatial modeling and digital twin technology. Norwest is a multi-stage venture and growth equity investment firm supporting middle-market technology and business services enterprises.
This consolidation addresses the growing demand among asset-intensive organizations for real-time operational oversight. Enterprise asset owners are increasingly moving away from isolated management software in favor of unified digital ecosystems. By combining enterprise management systems with spatial cloud computing, asset operators can visualize real-time asset performance against engineering designs. This integrated strategy reduces maintenance costs, minimizes unscheduled downtime, and enhances operational reliability across critical physical infrastructure networks.
The joint platform impacts major utility operators, transportation authorities, and defense agencies managing high-value assets across global markets. Following the transaction, Naviam will expand its commercial footprint by offering combined cloud and digital twin software tools to both legacy clients and Cohesive's existing worldwide customer base. For investors and enterprise software developers, this transaction underscores the growing trend of combining specialized advisory firms with proprietary cloud software tools to secure long-term service agreements in the industrial technology sector.
