M&A Deal Summary

Procore Acquires Levelset

On September 22, 2021, Procore acquired software company Levelset

Acquisition Highlights
  • This is Procore’s 4th transaction in the Software sector.
  • This is Procore’s 5th transaction in the United States.
  • This is Procore’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2021-09-22
Target Levelset
Sector Software
Buyer(s) Procore
Deal Type Add-on Acquisition
Advisor(s) D.A. Davidson & Co. (Financial)
Jones Walker (Legal)

Target

Levelset

New Orleans, Louisiana, United States
Levelset is a construction software company that helps the construction industry simplify compliance and payment processes, decrease financial risks, and improve cash flow. Levelset is based in New Orleans, Louisiana.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Procore

Carpinteria, California, United States
Category Company
Founded 2003
Sector Software
Employees3,694
Revenue 950M USD (2023)
DESCRIPTION

Procore is a provider of cloud-based applications for construction. Procore connects people, applications, and devices through a unified platform to help construction professionals manage risk and build quality projects safely, on time, and within budget. Procore has a diversified business model with products for project management, construction financials, quality & safety, and field productivity. Procore was formed in 2003 and is based in Carpinteria, California.

DEAL STATS #
Overall 5 of 6
Sector (Software) 4 of 5
Type (Add-on Acquisition) 5 of 6
State (Louisiana) 1 of 1
Country (United States) 5 of 6
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-06 INDUS

San Francisco, California, United States

INDUS is a maker of an artificial intelligence-powered analytics platform for the construction industry, owners, developers, and general contractors to have real-time visibility and actionable insights into all activities, productivity, and risks at their construction sites. INDUS was founded in 2017 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-22 LaborChart

Overland Park, Kansas, United States

LaborChart is a provider of workforce management software for specialty contractors and self-performing general contractors. LaborChart deepens the office and field connection by empowering contractors to better schedule, manage, forecast, and communicate with their workforces, ultimately improving profit margins. LaborChart was founded in 2014 and is based in Overland Park, Kansas.

Buy -
Mergr

Product

Company

Legal