Procure Technologies acquires Honest Buildings

Construction management software company Procore Technologies has acquired project management software group Honest Buildings.

According to Procore, the acquisition will create the construction industry’s first full-stack platform which will manage projects from start to finish.

Honest Buildings has facilitated more than $20bn of projects, according to the company, and has received backing from investors including JLL Spark.

Procore founder and chief executive Tooey Courtemanche said: “Procore and Honest Buildings share a vision that centres around transforming the construction industry, and we have an opportunity to realise this vision through the development of a global platform that