Roper Technologies Acquires Procare Solutions from Warburg Pincus and TA Associates
January 25, 2024
Roper Technologies has signed a definitive agreement to acquire Procare Solutions, a leading provider of child care center management software and integrated payments, from Warburg Pincus and TA Associates for an enterprise value of $1.86 billion. The acquisition expands Roper's portfolio of vertical software businesses and is expected to close in Q1 2024 subject to regulatory approvals.
- Buyers
- Roper Technologies, Inc.
- Targets
- Procare Solutions
- Sellers
- Warburg Pincus, TA Associates
- Industry
- Software
- Location
- Colorado, United States
- Transaction Type
- Buyout
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