Unanet is acquiring Cosential to provide customers with best-in-class solutions to meet enterprise business management needs such as business development, proposal management, project management, finance, operations and resource management, Unanet announced Wednesday.
“Unanet and Cosential share a commitment to our customers and to hard work that results in exceptional outcomes. With our advanced technology, proven innovation, and knowledge of the GovCon, A/E and construction industries, we can bring a best-in-class alternative to the status quo so customers gain the satisfaction and innovation they deserve,” said Craig Halliday, CEO of Unanet.
Unanet will continue to invest in Cosential’s technology for the construction and architecture and engineering (A/E) industries and support innovation across government contracting (GovCon), construction and A/E industries.
With the purchase, Unanet will gain Cosential’s expertise in the A/E and construction industries and expand Unanet’s leadership across the sector. Unanet and Cosential share mutual customers, which will simplify the transition, expand technologies, and increase innovation.
As the market expands, Unanet has strengthened its posture to gain significant revenue capture long-term with the acquisition. Terms of the acquisition were not disclosed. Unanet plans to close on the acquisition in the fourth quarter.
“Cosential customers will gain increased investment in their business development and marketing solution, and gain access to Unanet’s ERP,” said Dan Cornish, CEO of Cosential. “Cosential and Unanet share a focus on providing an excellent customer experience in order to deliver even greater value to our customers.”
Unanet is a leading provider of ERP solutions purpose-built for Government Contractors, A/E, and Professional Services. More than 2,000 project-driven organizations depend on Unanet to turn their information into actionable insights, drive better decision-making, and nurture business growth.