August 26, 2016 7:42 PM ET

Software

Company Overview of Textura Corporation

Company Overview

Textura Corporation provides collaboration and productivity tools for the construction industry in the United States and Canada. Its solutions are focused on facilitating collaboration between owners/developers, general contractors, and subcontractors. The company’s solutions include Construction Payment Management (CPM) that enables an online approach to generate, collect, review, and route invoices and the necessary supporting documentation, and legal documents, as well as initiates the payment of the invoices; Early Payment Program, which expands the use of CPM to enable general contractors to deliver benefits to their subcontractor business partners; and Submittal Exchange, a configurabl...

1405 Lake Cook Road

Deerfield, IL 60015

United States

Founded in 2004

578 Employees

Phone:

847-457-6500

Key Executives for Textura Corporation

Chief Executive Officer and Director
Age: 47
Chief Financial Officer and Executive Vice President
Age: 38
President of Textura Europe Limited
Executive Vice President of Client Services
Age: 47
Chief Legal Officer, Executive Vice President and Secretary
Age: 36
Compensation as of Fiscal Year 2016.

Textura Corporation Key Developments

Textura Corporation Files Form 15

Textura Corporation announced that it has filed Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock of par value $0.001 per share under the Securities Exchange Act of 1934, as amended.

NYSE Files Notification Of Delisting Of Textura Corporation’s Common Stock From NYSE

As previously disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission (SEC) by Textura Corporation on April 29, 2016, the company entered into an Agreement and Plan of Merger, dated April 28, 2016, by and among OC Acquisition LLC (Parent), Tulip Acquisition Corporation (Purchaser), and Oracle Corporation. Pursuant to the Merger Agreement, Purchaser commenced a cash tender offer to purchase all of the issued and outstanding shares of the company’s common stock, par value $0.001 per share, for a purchase price of $26.00 per share, net to the seller, in cash (Offer Price), without interest thereon and subject to any required tax withholding, upon the terms and subject to the conditions set out in the Offer to Purchase dated May 12, 2016 and in the related Letter of Transmittal. On June 10, 2016, pursuant to the terms of the Merger Agreement and in accordance with Section 251(h) of the Delaware General Corporation Law (DGCL), Purchaser was merged with and into the company, with the company being the surviving corporation. Upon completion of the Merger, the company became a subsidiary of Oracle. In connection with the closing of the Merger, the company notified the New York Stock Exchange (NYSE) on June 10, 2016 that the Merger was consummated, and trading of the common stock of the company on the NYSE has been suspended. Accordingly, the NYSE has filed a notification of delisting of the company’s common stock from the NYSE and deregistration of the company’s common stock under Section 12(b) of the Securities Exchange Act of 1934, as amended on Form 25 with the SEC. The company intends to file a certification on Form 15 with the SEC to cause the company’s reporting obligations under Sections 13 and 15(d) of the Exchange Act, to be suspended.

Textura Corporation(NYSE:TXTR) dropped from S&P Global BMI Index

Textura Corporation(NYSE:TXTR) dropped from S&P Global BMI Index

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 28, 2016
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