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Here's Why Construction Platform Procore Just Made A $500 Million Acquisition


Procore (NYSE: PCOR) is a construction management software company that has been trading in the public markets for a little less than six months. Despite the relatively short time period as a public company, it hasn't taken Procore long to make a big splash. 

Two weeks ago, the company announced that it signed a definitive agreement to acquire liens rights management company Levelset for $500 million -- let's see why. 

Image source: Getty Images

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Source Fool.com

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