North East software giant Sage has struck a deal to acquire a US construction platform.
The Cobalt-based business has acquired Corecon, a preconstruction and project management solution, for an undisclosed sum. The listed firm said the acquisition expands Sage’s relationships with customers beyond financials and reinforces its position as a leading provider of cloud native technology for the construction industry, by providing a solution to efficiently manage projects from bid to closeout.
Founded in 1999 in California, Corecon has developed a user-friendly preconstruction and project management software solution, enabling growing construction companies to win new work, easily connect project teams and build more efficiently, thereby optimising profitability. The firm’s customers include general contractors, construction managers, subcontractors and housebuilders.
