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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Mon., Nov. 30, 12:44 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #51. Textura Corporation LATISTA

Acquirer: Textura Corporation (TXTR)
Acquiree: LATISTA
Details: Textura Corporation (NYSE: TXTR), the leading provider of collaboration solutions for the construction industry, announced today that it has agreed to acquire LATISTA, the leading provider of mobile-enabled solutions for construction project collaboration, for cash consideration of $35 million. The deal is expected to close on or about December 2, 2013.

Textura is a provider of collaboration and productivity tools for the construction industry. Co.'s collaboration solutions include: Construction Payment Management, which enables online approach to generating, collecting, reviewing and routing invoices; Early Payment Program; Submittal Exchange, a workflow tool for collecting, reviewing and routing project documents; GradeBeam, which supports the process of obtaining construction bids; Pre-Qualification Management, which supports the collection and review of data for contractor risk assessment and qualification; and Greengrade, which facilitate the workflow and data and document collection; and Latista, which provides management solutions

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Company Name: 
Textura Corp
Website: 
www.texturacorp.com
Sector: 
Information Technology Services
 

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Hold (2.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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