Sorren Acquires CDP Inc. in Construction Software Deal

Meridian-based Sorren has acquired Charlotte, North Carolina, provider of construction accounting and project management software CDP Inc.

Updated on Nov. 9, 2026 in Corporate Finance

Photograph of an unfinished steel-beam building frame against rolling pine-covered hills under soft overcast daylight, illustrating the construction sector behind the software deal.
Sorren, a Meridian accounting and advisory firm, acquired Charlotte construction software provider CDP Inc. in a deal announced Nov. 5, with terms undisclosed. AI Illustration. Upload story photo >

Sorren, a Meridian-based accounting and advisory firm, has acquired CDP Inc., a Charlotte, North Carolina, provider of construction accounting and project management software. The acquisition was announced in a news release issued Nov. 5, and financial terms were not disclosed.

Why it matters

The combination aims to better connect construction project management with financial operations. The two companies say it will help construction companies link field operations with back-office financial controls.

Sorren ranks among the top 50 U.S. accounting and advisory firms, and CDP, founded in 1981, serves clients in engineering, energy, pharmaceuticals, the public sector, industrial manufacturing, IT and telecommunications, and aerospace and defense. The purchase price and deal valuation were not disclosed.

The players

Sorren

Sorren is a Meridian-based accounting and advisory firm ranked among the top 50 such firms in the United States, which is acquiring CDP to extend its digital advisory services into construction.

CDP Inc.

CDP Inc. is a Charlotte, North Carolina, provider of construction accounting and project management software founded in 1981, whose expertise is being folded into Sorren's Digital Advisory practice.

Capstone Partners

Capstone Partners is an investment banking firm that served as financial adviser to CDP Inc. in the transaction.

The details

CDP's construction enterprise resource planning expertise, project management software, and implementation and integration capabilities are being folded into Sorren's Digital Advisory practice. CDP clients will keep working with the same professionals while gaining access to Sorren's accounting, tax and advisory resources. Capstone Partners served as financial adviser to CDP in the transaction.

Timeline

  1. 1981: CDP Inc. is founded in Charlotte, North Carolina.

  2. Nov. 5, 2026: Sorren issues a news release announcing the acquisition.

Market Dynamics

The deal reflects a broader pattern in which accounting and advisory firms acquire specialized software providers to bundle technology with professional services. Sorren's purchase of CDP places it in a competitive push to serve project-driven industries like construction with integrated financial and operational tools.

For construction companies using CDP's software, the deal means access to Sorren's accounting, tax and advisory resources alongside their existing project management tools. Clients should expect continuity with the same professionals while the two firms integrate their offerings.

The takeaway

Connecting project-level operations with back-office finance is becoming a priority for construction firms, and acquisitions like this show advisory firms moving directly into that space. Companies weighing similar tools should look at how well their software integrates with their financial controls.

Further reading

For more on deals like this, see Corporate Finance coverage in North Carolina.

Source note: This article includes information reported by Idaho Business Review.