Procore Technologies Acquires Levelset

September 22, 2021

Procore Technologies has signed a definitive agreement to acquire Levelset for approximately $500 million in a mix of cash and Procore stock. The acquisition adds lien rights management and payment/compliance capabilities to Procore's construction platform and gives Procore access to Levelset's payment and compliance data to develop risk intelligence and future financial products.

Buyers
Procore Technologies, Inc.
Targets
Levelset
Industry
Construction
Location
Louisiana, United States
Transaction Type
Buyout

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