Roper Technologies Acquires Transact Campus

Roper Technologies Acquires Syntellis Performance Solutions

August 8, 2023

Cloud & SaaS

Roper Technologies completed the acquisition of Syntellis Performance Solutions in an all-cash transaction for a net purchase price of $1.25 billion (enterprise value reported at $1.4 billion by sellers). Syntellis, a cloud-based enterprise performance management (EPM) software and data provider serving healthcare, higher education and financial institutions, will be combined with Roper's Strata Decision Technology business to expand product capabilities and market coverage.

Transact Acquires Hangry

July 13, 2022

Cloud & SaaS

Transact, a provider of campus payment and mobile credential solutions, has acquired Hangry, a Toronto-based mobile ordering and loyalty platform for higher education. The deal will integrate Hangry's mobile-first ordering, loyalty and marketing capabilities into Transact's campus commerce ecosystem to expand product functionality and improve the student experience; financial terms were not disclosed.

Transact Campus Acquires Quickcharge from M.M. Hayes

October 3, 2023

Cloud & SaaS

Transact Campus, Inc. has acquired Quickcharge, the dining and retail technology division of M.M. Hayes Company, Inc., to expand its campus payment, POS and mobile ordering capabilities across K-12, healthcare, corporate and government campus environments. Quickcharge — a provider of cashless payments, POS, kiosk and mobile ordering serving hundreds of client locations — will be integrated into Transact to broaden product offerings and enable cross-selling across additional campus markets.

CD&R to Acquire Majority Stake in Roper Technologies' Industrial Businesses

June 1, 2022

Industrial Services

Roper Technologies agreed to sell a majority stake in its industrial businesses (its entire Process Technologies segment and the industrial businesses within Measurement & Analytical Solutions) to affiliates of Clayton, Dubilier & Rice (CD&R) for approximately $2.6 billion in upfront pre-tax cash while retaining a 49% minority interest. The package—which includes Alpha, AMOT, CCC, Cornell, Dynisco, FTI, Hansen, Hardy, Logitech, Metrix, PAC, Roper Pump, Struers, Technolog, Uson and Viatran—generated about $940 million of revenue and $260 million of EBITDA in 2021; CD&R will operate the businesses as a standalone platform to pursue organic and inorganic growth.

Roper Technologies Acquires Procare Solutions from Warburg Pincus and TA Associates

January 25, 2024

Software

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.

Rubicon Technology Partners Acquires Majority Stake in CollegeNET

March 4, 2025

Software

Rubicon Technology Partners has made a majority investment in CollegeNET, a Portland-based provider of higher-education software, to accelerate growth and drive continued product innovation. Founder Jim Wolfston will remain CEO and a significant shareholder; financial terms were not disclosed.