Press Release: Katerra, Inc. : Builders FirstSource Acquires Apollo Software Assets

DALLAS, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (NYSE: BLDR) ("Builders FirstSource" or the "Company"), today announced it acquired Apollo software assets from construction technology startup Katerra in an approximately $4.5 million transaction. The Apollo platform provides design collaboration and workflow, construction budgeting and scheduling, and field task assignment with mobile functionality. The acquisition aligns with Builders FirstSource's digital strategy to address inefficiencies in the home building process and complements the Company's recent acquisition of WTS Paradigm, LLC ("Paradigm").