Sage, the trusted software provider for small and mid-sized businesses (SMBs) in the construction industry, announces the acquisition of Corecon, a cloud native preconstruction and project management solution. 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 applied its extensive construction industry knowledge to develop a user-friendly preconstruction and project management software solution, enabling growing construction companies to win new work, easily connect project teams, build more efficiently, and optimize profitability. Corecon’s customers primarily include general contractors, construction managers, subcontractors and custom homebuilders.
“With construction businesses at different stages in their cloud adoption, it is important we provide technology that simplifies complex processes and helps them to work more efficiently and grow,” said Julie Adams, VP Product, Construction and Real Estate, Sage. “This acquisition closely aligns with our drive to bring the latest cloud technology to our increasing number of construction customers. By combining our trusted financial solutions with innovative cloud preconstruction and project management capabilities, we will deliver a system that can run every part of a construction business.”
“Sage shares many of the same values and ambition as Corecon which makes it the perfect fit for our colleagues, products, partners and customers,” said Norman Wendl, CEO and Founder of Corecon. “We are excited about joining Sage on its journey to help deliver market-leading solutions to the construction industry. What’s more, the acquisition will allow our product suite to accelerate and reach new heights, benefiting our customers as well as their clients and business partners.”
Corecon’s preconstruction and project management solution remains technology agnostic, and will integrate with third party ERP and accounting systems, as well as Sage Intacct Construction, Sage 300 Construction and Real Estate, and Sage 100 Contractor. The acquisition will provide customers with the power of choice – the flexibility to choose the right combination of Sage and partner solutions that best meets their needs.
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