PROCORE TECHNOLOGIES, INC. acquired Novorender AS for $44.3 million cash, a transaction completed in January 2025, structured as Stock purchase (all outstanding equity).
Acquired all outstanding equity of Novorender AS, a Norway-based leader in advanced building information modeling (BIM) rendering technology, for $44.3 million in total cash consideration.
Enhances Procore's capabilities for large-scale construction projects through advanced BIM rendering technology.
Advisory firms were not disclosed for this transaction.