Houlihan Lokey Advises PlanHub

Houlihan Lokey is pleased to announce that PlanHub, Inc., a leading preconstruction software platform, has been acquired by GrowthCurve Capital (GrowthCurve), a control-oriented private equity firm. Mainsail Partners (Mainsail), which invested in PlanHub in 2020, will continue to participate as a minority shareholder in PlanHub.

PlanHub is an industry-leading preconstruction platform designed to empower construction professionals by simplifying the bidding and project management process. With a mission to connect subcontractors, general contractors, and suppliers, PlanHub provides a centralized digital hub where industry professionals can discover and manage new growth opportunities, collaborate seamlessly, and make data-driven decisions. By integrating high-quality project listings with powerful workflow management tools, PlanHub removes inefficiencies and streamlines communication, ensuring businesses can scale effectively and focus on building America’s infrastructure. PlanHub has more than 500,000 construction professionals in its proprietary network nationwide, and in 2025, the company was named on the Inc. 5000 list of the fastest-growing private companies in America for the fifth consecutive year.

GrowthCurve is a private equity firm focused on investing in data-rich businesses with a proprietary approach that seeks to unlock the power of a company’s data through the integration of AI, digital transformation, and human capital to accelerate growth and create sustainable value. GrowthCurve will partner with PlanHub to further accelerate its AI-enabled product strategy, including the development of new prescriptive AI features inside the platform, support the launch of new business lines, and expand into new markets.

Ro Bhatia, CEO of PlanHub, said, “PlanHub is where preconstruction happens. We’ve built the largest connected network of contractors and suppliers, and now we’re transforming that network into the industry’s first true end-to-end platform. Under one roof, PlanHub delivers project access, bid management, CRM, estimation, and AI-driven insights embedded in every workflow—so every bid, decision, and interaction becomes smarter and faster.

“This industry doesn’t need more complexity—it needs clarity. With GrowthCurve, we’re scaling PlanHub into the AI-powered operating system for preconstruction: smart, connected, and built to help contractors win more work with less friction.”

Matthew Popper, Head of Technology and Information Services Investing at GrowthCurve, said, “We look forward to partnering with Ro and the rest of the management team to accelerate PlanHub’s growth, including applying GrowthCurve’s functional capabilities in data science and AI-enabled product development to further enhance the platform’s value proposition for general constructors, subcontractors, and suppliers on the network.”

Vinay Kashyap, Partner at Mainsail, shared, “It has been a true pleasure to partner with Ro Bhatia, the PlanHub founders, and the entire PlanHub team through their evolution from bootstrapped to market leadership. PlanHub is not just simplifying the preconstruction process—they are reimagining how the construction industry connects, collaborates, and builds for the future. We are proud to continue supporting PlanHub in this next phase of growth.”

Houlihan Lokey served as the exclusive financial advisor to PlanHub. This transaction underscores the team’s deep domain expertise and continued success advising clients in the construction technology sector. Financial terms were not disclosed.

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