Northwater-backed Textura completes buy of LATISTA for $35 mln

Deerfield, Illinois.-based Textura Corp (NYSE: TXTR), a provider of collaboration and productivity tools for the construction industry, has closed its previously announced buy of LATISTA Technologies, a provider of mobile-enabled solutions for construction projects. The acquisition price, disclosed earlier by the company, was US$35 million in cash. Textura, a portfolio investment of Canadian venture capital firm Northwater Capital Management, in June raised US$75 million from its initial public offering on the New York Stock Exchange.

3 December 2013•2 mins read
Feature image
LinkedInXEmail
LinkedInXEmail