Fresh off raising $865 million in venture funding, construction startup Katerra acquired Hoboken-based Fields Construction Company. Fields, founded in 1999 and led by Robert and James Caulfield, will lose its name. Katerra, which announced the deal on Thursday, did not disclose financial terms. California-based Katerra, founded in 2015, wants to transform the construction business by making it a little more similar to industries like car manufacturing. Rather than rely on subcontractors, the company handles […]
source https://therealdeal.com/2018/05/03/softbank-backed-katerra-acquires-nj-construction-company/
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