The intelligent homebuilding platform for design, sales and construction — Higharc – announced a strategic investment from Ferguson Ventures, the corporate venture capital arm of Ferguson and a controlled affiliate of Starwood Capital Group, a global private investment firm.
With this investment, Starwood Capital and Ferguson will help Higharc accelerate adoption of its technology by homebuilders across the U.S.
“Ferguson is committed to helping our customers build better through the use of innovative technologies,” said Blake Luse, Managing Director of Ferguson Ventures. “We invested in Higharc to help builders seamlessly integrate our products and solutions into their designs. This effort will streamline and create an enhanced product selection and purchasing experience.”
Ferguson plc (NYSE: FERG; LSE: FERG) provides expertise, solutions and products from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more in North America.