Sorren buys construction software firm CDP to link job sites and finances
What's the deal? Meridian, Idaho-based accounting and advisory firm SorrenDealroom has a profile for this one. Try Dealroom → has acquired CDP Inc., a Charlotte, North Carolina, provider of construction accounting and project-management software. Terms were not disclosed. Capstone PartnersDealroom has a profile for this one. Try Dealroom → advised CDP on the transaction, announced November 5.
What does each side bring? Founded in 1981, CDP sells software, implementation, integration, consulting, and training to project-driven organizations across construction, engineering, energy, manufacturing, and telecommunications. Sorren, an IPA 100 firm with FY25 net revenue of $193.3 million, provides tax, assurance, advisory, and outsourced accounting services.
What's the endgame? CDP folds into Sorren's Digital Advisory practice, adding construction enterprise resource planning (ERP) expertise, job costing, estimating, and scheduling. The goal: help contractors connect field operations with back-office financial controls.
Why now? As construction firms adopt more digital tools, linking project management, financial systems, and daily operations remains hard. "Construction is one of Sorren's largest industries, and our clients are increasingly looking for help connecting technology, operations and financial performance," said Chad Back, managing partner of Digital Advisory at Sorren.
Paul Riefenberg, president of CDP, framed the logic from the software side. "The biggest technology challenges rarely come down to software alone," he said. CDP clients will keep their existing teams while gaining access to Sorren's accounting, tax, and audit resources.
The signal: The deal extends Sorren's rapid expansion since its 2025 formation from 13 firms, moving it beyond traditional accounting into specialized technology. It fits a wider industry push to build advisory services — Doeren MayhewDealroom has a profile for this one. Try Dealroom →, for example, acquired technology affiliate Impact Technology GroupDealroom has a profile for this one. Try Dealroom → earlier this year.
Read more: idahobusinessreview.com
Image credit: Lav Ulv
