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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