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Procore Technologies agrees to buy Levelset for ~$500M

Sep. 22, 2021 4:18 PM ETProcore Technologies, Inc. (PCOR)By: Preeti Singh, SA News Editor
  • Construction management software provider Procore Technologies (NYSE:PCOR) has agreed to acquire Levelset for ~$500M, which will consist of ~$425M in cash.
  • Transaction is expected to close in 4Q21.
  • Headquartered in New Orleans, Louisiana, with offices in Austin, Texas, and Cairo, Egypt, Levelset is a construction software

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