ATLANTA (Jan. 11, 2024) — Sage, a software provider for small and midsized businesses (SMBs) in the construction industry, today announced the acquisition of Bridgetown Software, owner of BidMatrix — a cloud-native bid analysis tool for the construction industry. This is Sage’s second acquisition in the construction sector within a year.

The acquisition of BidMatrix aligns with Sage’s strategy to transform Sage Estimating into a cloud-native solution. Further strengthening Sage's CRE portfolio, it combines the powerful features and efficiency of Sage Estimating with the collaborative and scalable capabilities of the BidMatrix cloud native platform. This combination will improve productivity for small and medium-sized construction businesses by simplifying processes, removing uncertainties, and helping them secure more projects at the right price with greater confidence.

This deal brings Sage Estimating and BidMatrix together, bridging the gap currently felt by estimators today. Sage and BidMatrix will continue to work with third-party preconstruction/estimating tools, offering customers the freedom to opt for the optimum blend of Sage and third-party solutions that best suit their needs. Visit sage.com.