Built Technologies, a software provider for the construction industry, has purchased Nativ, a deal management platform.
The deal enhances Built’s product suite and enables underwriting and asset management capabilities.
Chase Gilbert, CEO of Built, said, “Our customers were experiencing difficulties with the underwriting and asset-management of loans as well as with aggregate portfolio management and reporting. When we were introduced to Nativ, the powerful tools to streamline these processes were an obvious fit. This acquisition will also give Built access to a rich data set for how various real estate assets are performing, allowing us to provide innovative risk intelligence products to our customers over time.”