Roper Technologies to Acquire Transact Campus

Roper Technologies Acquires Procare Solutions

January 25, 2024

Cloud & SaaS

Warburg Pincus and TA Associates signed an agreement to sell Procare Solutions to Roper Technologies, Inc. for a total enterprise value of $1.86 billion. The deal is expected to close in the first quarter of 2024, subject to regulatory approvals and customary closing conditions.

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.

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.

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 Industries Acquires Strata Decision Technology

January 23, 2015

Healthcare Services

Roper Industries, Inc. acquired Strata Decision Technology, a Chicago-based provider of cloud-based financial analytics and performance software for healthcare providers. Strata will operate in Roper's Medical segment with its management team remaining in place; the seller was VSS Structured Capital Fund II, L.P., managed by Veronis Suhler Stevenson.