M&A
confidence high
sentiment neutral
materiality 0.70
Procore completes $845M cash acquisition of DroneDeploy
PROCORE TECHNOLOGIES, INC.
- Closed merger with DroneDeploy on Sept 9, 2026; DroneDeploy now wholly-owned subsidiary.
- Purchase price approximately $845.0 million in cash, subject to working capital and other adjustments.
- Merger agreement originally signed July 27, 2026; closing follows previously announced terms.
- Merger Sub merged with and into DroneDeploy, with DroneDeploy as surviving entity.