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New Deal


Announced

Completed

Sage completed the acquisition of Corecon Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private

Friendly

Single Bidder

India

construction software

Software

Acquisition

Majority

Completed

Synopsis

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Sage, a software company, completed the acquisition of Corecon Technologies, a software developer for the construction industry. Financial terms were not disclosed. “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. 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,” Julie Adams, Sage VP Product, Construction and Real Estate.

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