BREAKING NEWS: Procore to Acquire Honest Buildings to Enhance Project Management for Owners

CARPINTERIA, Calif., July 16, 2019 – Procore Technologies, Inc., a leading provider of construction management software, today announced it has entered an agreement to acquire Honest Buildings, Inc., a leading provider of project management software for owners and developers. This acquisition will allow Procore to create the construction industry’s first full-stack platform to manage projects from start to finish. Together, the companies will use their platforms to create unified financials and cost tracking from the first dollar in from the investor or lender to its final spend at the subcontractor or material provider level.