Roper Technologies M&A: $1.86bn Software Acquisition Explained

Roper Technologies Inc., a company specializing in industrial tech, has recently announced a significant acquisition.

They are set to purchase Procare Solutions, a renowned provider of child-care management software, for a total of $1.86 billion, including assumed debt.

This deal signifies a major move for Roper Technologies, as it steps further into the software domain. Procare Solutions, currently backed by private equity giants Warburg Pincus and TA Associates, offers