Procore To Acquire Levelset To Simplify Lien Management Workflows For Construction
Sep 22, 2021•almost 4 years ago
Acquiring Company
Procore
Acquired Company
Levelset
Description
Procore Technologies, Inc., (NYSE: PCOR), a leading provider of construction management software, has signed a definitive agreement to acquire Levelset. This acquisition will add lien rights management to the Procore platform, enabling Procore to manage complex compliance workflows and improve the payment process in construction. It also presents future growth opportunities for Procore, including capitalizing on the companies’ complementary data assets.
FundzWatch™ Score
39
High M&A Activity
6 total signals
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Tech stack consolidation
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