Announced
Financials
Sources
Tags
FinTech
Single Bidder
Acquisition
United States
payment platforms
Friendly
Domestic
Majority
Private
Pending
Synopsis
Procore, a cloud-based construction management software company, to acquire Levelset, a developer of a collaboration-driven construction payment ecosystem, for $500m. “Our solution gets people paid faster, with less cash stress. Over 250k users have deployed Levelset on more than 6.5m construction projects. This activity generates highly reliable payment and relationship data. Together with Procore, we can further empower the industry to get paid faster, with better visibility and smoother documentation," Scott Wolfe, Levelset CEO.
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